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1.A proxy fight occurs when:
the board of directors disagree on the members of the management team.
2. A stakeholder is any person or entity:
3.Which one of the following is least apt to help convince managers to work
in the best interest of the stockholders?
threat of a proxy fight
pay raises based on length of service
implementation of a stock option plan
4.Financial managers primarily create firm value by:
maximizing current sales.
investing in assets that generate cash in excess of their cost.
5.First City Bank pays 7 percent simple interest on its savings account
balances, whereas Second City Bank pays 7 percent interest compounded
annually.
If you made a $59,000 deposit in each bank, how much more money would
you earn from your Second City Bank account at the end of 9 years? (Do
not round intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)
12299.09