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[单选题]

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.

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