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Protective covenants: Multiple Choice Are primarily designed to protect the issuing corporation from unreasonable demands of bondholders. Are consistent for all bonds issued by a
Protective covenants:
Multiple Choice
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Are primarily designed to protect the issuing corporation from unreasonable demands of bondholders.
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Are consistent for all bonds issued by a corporation within Canada.
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Are limited to stating actions which a firm must take.
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Only apply to bonds that have a deferred call provision.
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Are primarily designed to protect bondholders from future actions of the bond issuer.
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