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Basic Question 6 of 6
Bondholders and stockholders may have interests in a corporation that conflict. Sources of conflict include:
II. interests
III. distortion of investment
IV. underinvestment
I. dividends
II. interests
III. distortion of investment
IV. underinvestment
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Learning Outcome Statements
compare the financial claims and motivations of lenders and shareholders
CFA® 2025 Level I Curriculum, Volume 2, Module 2.