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If you sat on the board of directors of Tyng Corporation, which of the following actions would you recommend to REDUCE potential conflicts of interest between Tyng's stockholders and bondholders?a.Financing risky projects with additional debtb.Compensating managers with stock optionsc.The threat of hostile takeoversd.The use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers' actionse.Abolishing the Securities and Exchange Commission
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