Question
Which of the following refers to the possibility that a firm's owners or managers will take actions contrary to the promises contained in the covenants
Which of the following refers to the possibility that a firm's owners or managers will take actions contrary to the promises contained in the covenants of the securities the firm issues to raise funds?
a.
price risk
b.
liquidity risk
c.
agency costs
d.
credit risk
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Financial Intelligence For IT Professionals
Authors: Julie Bonner
1st Edition
103215294X, 9781032152943
