Recent activity in the area of civil rights has been a movement towards aggressive affirmative action

Indicate whether the statement is true or false

F

Economics

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Sarah is considering lending an amount of $45,000 to her friend who promises to return $60,000 after the end of ten years

What is the net present value of Sarah's investment? Is it worthwhile to undertake this investment? Assume that the market rate of interest is 6%.

Economics

In corporations, a principal-agent problem can arise when

a. the shareholders are the principal and the managers are the agent. b. the board of directors is the principal and the managers are the agent. c. the shareholders are the principal and the board of directors is the agent. d. All of the above are correct.

Economics