Why do bond investors like to see restrictive covenants included in bond indenture agreements? Give two examples

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Why do bond investors like to see restrictive covenants included in bond indenture agreements? Give two examples of common bond covenants, and explain why each would be beneficial to bond investors. Discuss.

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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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Question Posted: Dec 23, 2015 08:33 AM

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Why do bond investors like to see restrictive covenants included in bond indenture agreements? Give two examples

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Bond covenants attempt to provide protection to the bond investor by restricting the actions of m...View the full answer

Financial Accounting A User Perspective

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