The executives of a coffee-packing firm order a corporate jet. How might they defend this purchase to

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The executives of a coffee-packing firm order a corporate jet. How might they defend this purchase to stockholders? How does asymmetric information fit in?
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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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