Agency problem arises when managers deviate from the goal of maximisation of shareholder wealth by placing their personal goals ahead of the goals of shareholders

Use this resource load chart to determine which activity uses the fewest resources

A) Activity A B) Activity B C) Activity C D) Activity D

Jeanne has just graduated from high school and has received an award for $5,000. She would like to deposit the money in an interest earning account until she graduates from college (i.e., four years from now)

In her search for the highest interest earning account, she has narrowed the list down to the following two accounts: (1 ) bank A pays 9 percent interest compounded annually, and (2 ) bank B pays 8 percent interest compounded semiannually. Which is the better offer, and how much will Jeanne have upon graduation from college?