1. One advantage of the shareholder model of governance is
1) none of the listed choices
2) focus on building reserves for the organisation
3) more objective decisions in response to market changes and needs
4) minority shareholders will not be able to influence decisions
5) focus on short term profits
2. What is the present value interest factor and how can it be used to simplify PV calculations?
3. Can the formula for simple interest be used to determine compound interest? Explain why or why not.