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1 0 . Which of the following actions are likely to reduce agency conflicts between stockholders and managers?A . Paying managers a large fixed salary.B

10. Which of the following actions are likely to reduce agency conflicts between stockholders and managers?A. Paying managers a large fixed salary.B. Increasing the threat of corporate takeover.C. Placing restrictive covenants in debt agreements.D. All of the statements above are correct.E. Statements B and C are correct

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