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Basic Question 28 of 28
Which groups usually don't have covenant protection?
II. preferred share holders
III. junior debt holders
IV. unsecured lenders
I. common share holders
II. preferred share holders
III. junior debt holders
IV. unsecured lenders
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Learning Outcome Statements
describe corporate governance and mechanisms to manage stakeholder relationships and mitigate associated risks
CFA® 2025 Level I Curriculum, Volume 2, Module 3.