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In capital structure agency conflicts, the principals are the ________ and the agents are the __________. Group of answer choices: A. stockholders; managers B. bondholders;

In capital structure agency conflicts, the principals are the ________ and the agents are the __________.

Group of answer choices:

A. stockholders; managers

B. bondholders; stockholders

C. managers; stockholders

D. stockholders; bondholders

E. borrowers; lenders

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