Starting in the 1980s there has been a large increase in
Starting in the 1980's, there has been a large increase in the issuance of bonds relative to issuance of stock by corporations. Explain why this might be a response of stockholders to the moral hazard associated with the principal-agent problem.
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starting in the 1980s there has been a large increase in the issuance of bonds relative to issuance of stock by
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compare the rights and obligations of buyers and sellers of futures contracts with the rights of buyers and sellers of
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