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23 An agreement between managers and lenders to maintain a minimum ratio of working capital can assist which of the following problems in relation to

23
An agreement between managers and lenders to maintain a minimum ratio of working capital can assist which of the following problems in relation to increased lender's risk? SELECT ONE CORRECT RESPONSE Select one: a. Excessive dividend payments. b. Asset substitution. c. Underinvestment. d. Shirking. e. Claim dilution

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