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Question 2 0 Which one of the following is an agency cost? Accepting an investment opportunity that will add value to the firm Increasing the

Question 20
Which one of the following is an agency cost?
Accepting an investment opportunity that will add value to the firm
Increasing the quarterly dividend
Investing in a new project that creates firm value
Hiring outside accountants to audit the company's financial statements
Closing a division of the firm that is operating at a loss
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