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Basic Question 7 of 9

Which covenant is meant to specifically protect unsecured creditors?

A. restricted payments
B. limitations on liens
C. change of control put

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Craig Baugh

Craig Baugh

Learning Outcome Statements

describe the qualitative and quantitative factors used to evaluate a corporate borrower's creditworthiness

CFA® 2024 Level I Curriculum, Volume 4, Module 16.