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25. Which of the following is NOT a method used by companies to reduce agency problems between managers and investors? a. Compensation contracts -tying the

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25. Which of the following is NOT a method used by companies to reduce agency problems between managers and investors? a. Compensation contracts -tying the manager's year-end bonus to the company's performance. b. Giving the manager stock options-thereby making the manager an owner c. Obtaining external monitoring in the form of an independent auditor. d. Issuing additional shares of stock to gain additional external capital - the new shareholders can provide external monitoring

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