The Issuers of Bonds Do Not Seek to Minimise the Strength

question 46

True/False

The issuers of bonds do not seek to minimise the strength and number of covenants in a bond agreement because covenants can increase the flexibility of the company issuing the bond.

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The final part or conclusion of something, such as a deal, conversation, or document.

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Errors or misjudgments that are alike in nature or effect, often repeated by different individuals or entities.

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