Wealth Management Services in Wells Fargo & Company in Minneapolis, MN, is considering purchasing Sleeping Beauty Bonds by Walt Disney Company, an American multinational mass media and entertainment conglomerate, issued in 1993, and asked you about the idea behind the bond covenants in place. Your answer is that they are to protect the issuer of the bond in case of default to increase a bond's seniority position O to reduce interest rate risk O to protect bondholders from issuer actions