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Posted on Sep 06, 2024

Who do bond covenants benefit? The lender. The borrower. Both the borrower and the lender. Neither the borrower nor the lender. The residual claimant.

Who do bond covenants benefit?

The lender.

The borrower.

Both the borrower and the lender.

Neither the borrower nor the lender.

The residual claimant.

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