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Which of the following is not a valid motive for corporate risk management (hedging)? a. Reducing the probability of bankruptcy b. Enhancing the effectiveness of

Which of the following is not a valid motive for corporate risk management (hedging)?

a. Reducing the probability of bankruptcy

b. Enhancing the effectiveness of performance-based compensation for managers

c. Offsetting the costs of insurance

d. Reducing the firms expected tax liability

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