NO.PZ2021091701000037
问题如下：
Which of the following is least accurate with respect to debt–equity conflicts?
选项：
A.Equityholders focus on potential upside and downside, while debtholders
focus primarily on downside risk.
Management attempts to balance the interests of equityholders and
debtholders.
Debt covenants can mitigate the conflict between debtholders and
equityholders.
解释：
B is correct. Management is generally focused on maximizing the value of
equity.
老师，想问下A中的DEBT只关注downside这个对么？因为upside对于债没有关系？还是说upside了偿债能力高，也是会关注的呢？问题可能有点钻牛角尖，就是想问问肯定的回答，谢谢老师
