6) The conflict between the goals of a firm's owners and the goals of its non-owner managers is: A) Incompatibility. B) The agency problem. C) Serious only when profits decline. D) Of little importance in most large U.S. firms. E) Moral hazard problem. F) The conflict between the managers of the firm. 7) The future value of AED 8,500 received today and deposited at 7% for four years compounded quarterly is: A) AED 2,116.25 B) AED 11,026.25 C) AED 1,260.9 D) AED 11,219.4 8) The present value of $1,500 to be received 10 years from today, assuming an opportunity cost of 9 percent discounted continuously, is A) $2,110 B) $3,689.4 C) $609.85 D) $1,183.682. 9) The amount of money that would have to be invested today at a given interest rate over a specified period in order to equal a future amount is called A) Present value. B) Future value. C) Future value of an annuity. D) Present value of an annuity. 10) The present value of a dollar the farther in the future a cash flow is to be received and .................. as the interest rate A) Decreases; increases; It depends on the interest rate. B) Decreases; decreases; increases. C) Increases; increases; decreases. D) Increases; decreases; increases. E) Decreases; increases; decreases