What are bond discounts and premiums? Why are bonds sometimes sold at a discount or premium? Q10-1

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What are bond discounts and premiums? Why are bonds sometimes sold at a discount or premium?

Q10-1 1. What are restrictive covenants? Why are restrictive covenants sometimes included as part of debt agreements? How does a borrower benefit from a restrictive covenant? Why would a borrower prefer to avoid having restrictive covenants in

: loan agreements, assuming nothing changes as a result?

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