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::ASAP:: Although dividend payments reduce the total firm funds to pay bondholders the payment of dividends can reduce agency costs by .doing so on a

::ASAP:: Although dividend payments reduce the total firm funds to pay bondholders the payment of dividends can reduce agency costs by

.doing so on a regular schedule.

. sharing the dividend payments with the bondholders

None of the other answers

making sure that only shareholders of record receive the dividend.

reducing the free cash flows to reduce the perquisite consumption.

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