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nyah95 nyah95
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7 months ago
Which of the following is NOT an example of an agency problem?

▸ Managers can maintain control over a greater free cash flow by avoiding debt in their firm's capital structures.

▸ Investors do not have perfect information about the value of their investments.

▸ Firms are not as levered as shareholders would like them to be, due to fears of insolvency and possible bankruptcy.

▸ Managers have discretion over whether or not to take on risky projects.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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bolusmachinebolusmachine
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7 months ago
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