Which one of the following statements is TRUE? a. A targeted share repurchase can be used to encourage a hostile takeover. b. A company whose board members are elected in staggered terms is said to be an interlocking c. A shareholder-friendly charter will make it easier for shareholders to meet with the CEO if they d. A shareholder-friendly charter will make it easier for a company to be acquired. e. An example of an agency cost is when the board of directors pays a dividend to shareholders