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ttools ttools
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A month ago
Which one of the following is NOT an example of the agency problem?

▸ management refusing a merger because of the possibility of major changes in management

▸ distributing a low level of dividends to have enough cash for bonuses

▸ increasing the level of debt of the company to increase the return on equity value

▸ taking a high-risk project to increase the value of the stock options held by management
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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david200095367david200095367
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A month ago
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