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Which one of the following is NOT an example of the agency problem? O A management refusing a merger because of the possibility of major
Which one of the following is NOT an example of the agency problem? O A management refusing a merger because of the possibility of major changes in management OB. distributing a low level of dividends to have enough cash for bonus O C. taking a high-risk project to increase the value of the stock options held by management OD. increasing the level of debt of the company to increase the return on equity value
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