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Which of the following actions of the manager of a borrowing firm might cause a moral hazard problem etween the manager and the lender? The
Which of the following actions of the manager of a borrowing firm might cause a moral hazard problem etween the manager and the lender? The manager pays excessive dividends to the shareholders. The manager undertakes low-risk projects. The manager pays off the loan prior to the maturity date. The manager decides to smooth the firm's net income over time
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