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Protective covenants prevent bond issuers from irresponsible over - borrowing behaviour and are offered for the benefit of: Multiple Choice bondholders. common shareholders. both common
Protective covenants prevent bond issuers from irresponsible overborrowing behaviour and are offered for the benefit of:
Multiple Choice
bondholders.
common shareholders.
both common and preferred shareholders.
preferred shareholders.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
