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Whichofthefollowingstatementsismostcorrect? a. Compensatingmanagerswith stockcan reducetheagency problem between stockholdersandmanagers. b. Restrictionsare includedincreditagreementsto protectbondholdersfromthe agencyproblemthatexistsbetweenbondholdersandstockholders. c. Thethreatofatakeovercanreducetheagencyproblembetween bondholders andstockholders. d. Statement aandbarecorrect. e. Allofthestatementsabovearecorrect.
Whichofthefollowingstatementsismostcorrect?
a. Compensatingmanagerswith stockcan reducetheagency problem between stockholdersandmanagers.
b. Restrictionsare includedincreditagreementsto protectbondholdersfromthe agencyproblemthatexistsbetweenbondholdersandstockholders.
c. Thethreatofatakeovercanreducetheagencyproblembetween bondholders andstockholders.
d. Statement aandbarecorrect.
e. Allofthestatementsabovearecorrect.
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