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a . Asset switching occurs when a company borrows money for a safe investment but uses it for a risky investment. b . An example
a Asset switching occurs when a company borrows money for a safe investment but uses it for a risky investment.
b An example of an agency cost is when an attorney hires an expert witness for a trial.
c An example of an agency cost is when the board of directors pays a dividend to shareholders.
d The commission required by the Federal Housing Agency for a small businessan is an example of an agency cost.
e An example of an agency cost is the salary of the agent hired to work for the principal.
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