Bob, after going on a week-long alcohol binge, has not had anything to drink in the last 24 hours. he states there are rats running across the floor (though no one else sees the rats), exhibits trembling in his hands, and cannot identify where he is when taken to the hospital. bob is likely to be experiencing

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.