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Which one of the following actions by a financial manager is likely to create an agency problem? Group of answer choices Borrowing money when doing
Which one of the following actions by a financial manager is likely to create an agency problem?
Group of answer choices
Borrowing money when doing so creates value for the firm.
Merging with a company from a different industry to stabilize earnings and reduce the stock's beta.
Investing in positive NVP projects.
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