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Which of the following statements is FALSE? O In bankruptcy, shareholders do not have the priority in claiming their companies assets. Managers should maximise shareholder
Which of the following statements is FALSE? O In bankruptcy, shareholders do not have the priority in claiming their companies assets. Managers should maximise shareholder value rather than minimize risks. O Boards of directors of publically listed companies should represent shareholders interests and monitor the management. O Stock grants to managers can help mitigate the agency problem. O Employees and shareholders are legal owners of a corporation. Question 2 What is the present value of $10,000 in 22 years time assuming an interest rate of 9% per year with monthly compounding? $1,390.93 $10,000.00 $6,713.09 $8,484.16 $1.501.82
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