单选题
编号:2695733
1. An analyst reviews a corporate bond indenture that contains these two covenants:
1) The borrower will pay interest semi-annually and principal at maturity.
2) The borrower will not incur additional debt if its debt/capital ratio is more than 50%.
What types of covenants are these?
- A.Both are affirmative covenants.
- B.Covenant 1 is negative and Covenant 2 is affirmative.
- C.Covenant 1 is affirmative and Covenant 2 is negative.