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Question 46 (3 points) Which of the following statements is/are CORRECT? 1) Employment stock option is implemented to align management goals with bondholders' interest. 2)

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Question 46 (3 points) Which of the following statements is/are CORRECT? 1) Employment stock option is implemented to align management goals with bondholders' interest. 2) Limited liability, unlimited life and double taxation are advantages of the corporate form over other forms of business organization. 3) When a stock's intrinsic value is higher than its market price, then the stock is undervalued. 4) Sarbanes-Oxley Act (SOX) emphasizes that CEO and CFO are not required to certify annual report because the firm has already hired the accounting firm to certify all of its financial statements, including annual reports. 5) Statements a, cand d are correct

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