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Which of the following best characterizes an agency problem? Dislike of firm's bondholders by its equity holders Differing incentives between managers and owners Friction between

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Which of the following best characterizes an agency problem? Dislike of firm's bondholders by its equity holders Differing incentives between managers and owners Friction between the primary and secondary markets Spending corporate resources Which of the following best characterizes an agency problem? Dislike of firm's bondholders by its equity holders Differing incentives between managers and owners Friction between the primary and secondary markets Spending corporate resources

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