As a practical matter bondholders cannot completely absolve


As a practical matter bondholders cannot completely absolve all the issues of a potential conflict of interest between themselves and stockholders, as a result bondholders. a) Physically track the movements of managers with advanced technology b) are simply out of luck c) use restrictive convenants to limit managerial decision making d) all of the choices are correct

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Financial Management: As a practical matter bondholders cannot completely absolve
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