The answer you are looking for is c
Answer:. The redemption amount is 4438.18
Explanation:
Given:
F= 2000,
r= 5.5%,
Fr= 110,
j= 2.6%, 20 payments.
Then,
P=C-83.28 P= 110a20|2.6%+C(1 + 2.6%)-20, then,
C= 4438.18.
Therefore,
The redemption amount is 4438.18
Answer:
A. Bill chooses to pursue a risky investment for the company's funds because his compensation will substantially rise if it succeeds.
Explanation:
An agency conflict problem usually arises when the agent (managers) do not act in the best interest of his principals (e.g. shareholders) usually because of selfish interests of the agent (manager).
I hope my answer helps you