Homework answers / question archive / In order for debtholders to mitigate the chances of firm's taking on risky projects or unnecessary additional debt they can charge higher interest rates and/or write vague debt covenants regarding the actions the firm can and cannot take

In order for debtholders to mitigate the chances of firm's taking on risky projects or unnecessary additional debt they can charge higher interest rates and/or write vague debt covenants regarding the actions the firm can and cannot take

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In order for debtholders to mitigate the chances of firm's taking on risky projects or unnecessary additional debt they can charge higher interest rates and/or write vague debt covenants regarding the actions the firm can and cannot take.

True

False