uestions attempt 4 of 38 Which of the following is NOT a purpose of a bond restrictive covenant? O A. To maximize shareholder value and encourage the selection of projects with the highest expected return. O B. To prevent the firm from taking excessive risk at the expense of debt holders. O C. To encourage the firm to make decisions that reduce the chance of insolvency O D. To increase the recovery rates on insolvent debt if the firm cannot or wil not pay its debts. Unsure Finish a 3 4 6 Next page