Jensen \&. Meckling (1976) argue that capital structure has important implications for confikct between stockholders and bondholders Which of the folowing statements carrectly describe Jensen \& Mecklings' arguments about these agency issues? (1) More debt in the capital structure encourages mantagers to consume more perquisites (ii) More debt in the capital structure creates incentives for stockholders to invest in risker projects. (iii) More debt in the capital structure creates increased interest obligations, which make it ditficult for managers to retain funds in the firm. Ondy (iat) is true. Only fie is true. Only (ii) and (iil) are trie. Only (0 and () are true: All three are true