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An agency problem (principal-agent problem) arises when 1 The shareholders and the manager have different objectives II The bondholders and shareholders have different objectives The

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An agency problem (principal-agent problem) arises when 1 The shareholders and the manager have different objectives II The bondholders and shareholders have different objectives The firm is unable to open a new agency Select one: O a ll Only O b. I and II only O c. Ill only O d. 1. II.and III A Oe. I only

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