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1. Because managements goal may be different from shareholders objective, ________ are said to exist: a)Synergies b)Agency problems c)Growth opportunities d)Contingent claims 2. Simple interest

1. Because managements goal may be different from shareholders objective, ________ are said to exist:

a)Synergies

b)Agency problems

c)Growth opportunities

d)Contingent claims

2. Simple interest refers to the money earned on interest as well as the initial principal.

a)True

b)False

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