李同学2019-03-09 19:19:12

05.单选题 已收藏 标记 纠错 Which of the following covenants can protect bondholders against the dilution of their claims? is a restriction on: A Restriction on interest coverage ratio. B Restriction on investments. C Restriction on mergers and acquisitions. 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率：39% Covenants难度：一般 推荐：      答案解析 A is correct. A restriction on debt typically takes the form of a maximum accept-able debt usage ratio or a minimum acceptable interest coverage ratio. Thus, it limits the issuer's ability to issue new debt that would dilute the bondholders' claims. B and C are incorrect because they are covenants that restrict the issuer's business activities by preventing the company from making investments or being taken over, respectively. 问： the dilution of their claims这个短语什么意思？题干怎么翻译，没读懂？