Question: Managers can be focused on short-term earnings because a. it can change the interest rate they pay on their bond issuances. b. management bonuses are

Managers can be focused on short-term earnings because a. it can change the interest rate they pay on their bond issuances. b. management bonuses are paid on the projection of long-term earnings. c. management bonuses are often paid on the most recent carnings. d. it means that research and development costs are higher.

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