Which of the following statements is true?
A. A call option analyzes conflicts of interest and behavior in a principal-agent relationship.
B. The difference between the value of one action and the value of the best alternative is called an opportunity cost.
C. An agent-manager can never make bad decisions.
D. A security is a claim issued by a firm that pays owners interest but not dividends.
A. A call option analyzes conflicts of interest and behavior in a principal-agent relationship.
B. The difference between the value of one action and the value of the best alternative is called an opportunity cost.
C. An agent-manager can never make bad decisions.
D. A security is a claim issued by a firm that pays owners interest but not dividends.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.