NO.PZ2019120301000284
问题如下：
Question Which of the following is most likely a benefit of debt covenants for the borrower?选项：
A.Limitations on the company’s ability to pay dividends B.Restrictions on how the borrowed money may be invested C.Reduction in the cost of borrowing解释：
SolutionC is correct. The reduction in the cost of borrowing is a benefit of covenants to the borrower.
A is incorrect. Limiting a company’s ability to pay dividends is a benefit to the lender, not the borrower.
B is incorrect. Restrictions on how the borrowed money may be invested is a benefit to the lender, not the borrower.
不用分红，不是benefit吗？
