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Question 6 1 pts You want to quit your job and return to school for an MBA degree 3 years from now, and you plan
Question 6 1 pts You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $7,000 per year, beginning immediately. You will make 3 deposits in an account that 7.2% interest. Under these assumptions, how much will you have 3 years from today? pays $24,310 $24,543 $24,080 O $24,172 O $24,403 Question 5 1 pts Which of the following statements is not correct? In any type of partnership, every partner has the same rights, privileges, and liability exposure as every other partner. Potential agency problems can arise between stockholders and managers, because managers hired as agents to act on behalf of the owners may instead make decisions favorable to themselves rather than the stockholders. Stockholders are generally more willing than bondholders to have managers invest in risky projects with high potential returns as opposed to safer projects with lower expected returns. One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership. When stock in a closely held corporation is offered to the public for the first time, the transaction is called going public," and the market for such stock is called the new issue market
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