13.a

13.b

13.c

In which of the following scenarios is an agency problem most likely to arise? A car mechanic repairing his car A real estate agent selling her home A deli owner managing their business A CEO managing a publicly traded company Managers are encouraged to act in shareholders' interests by, amongst other things: Separation of ownership and management The threat of a hostile takeover by another firm CEO / Chairman Duality Excess free cash flow You have deposited $1500 in an account that promises to pay 8% (yearly interest rate). The interest is compounded quarterly. How much will you have at the end of 5 years? $1,598.33 $2,228.92 $2,203.99 $6,991.44