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Which of the following is an affirmative covenant likely to appear in a bond indenture: the borrower must file timely financial statements limits on additional

  1. Which of the following is an affirmative covenant likely to appear in a bond indenture:
    1. the borrower must file timely financial statements
    2. limits on additional debt the borrower can issue
    3. the borrower must not sell certain assets
    4. the borrower must continue to pay a large dividend
    5. the borrower must not invest in risky assets

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