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A venture capital firm protects its equity investment from moral hazard through which of the following means?A) It places people on the board of directors to better monitor the borrowing firm's activities.B) It writes contracts that prohibit the sale of an equity investment to anyone but the venture capital firm.C) It prohibits the borrowing firm from replacing its management. D) It does both A and B of the above.E) It does both A and C of the above.
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