Froot, Sharfstein and Stein's case study states that ________

a."Risk management enables companies to become better at aligning the demand for funds with the internal supply of funds."

b."Risk-averse managers, whose poorly-diversified human capital and private portfolios may be closely tied to the fortunes of their employer, may have strong incentives to manage risk."

c."A potentially more significant basis risk comes from a situation where an investor must use futures contract on a different asset to hedge another asset."

d.Both b and c

e.None of the above