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Thomas, the manager of an automobile showroom, announces a new scheme wherein the company will provide an all-expense paid trip to an exotic island to the salesperson who sells the maximum number of cars in the next quarter.This incentive inspires Thomas's subordinates to work harder and improve their performance.In the context of the reinforcement theory, which of the following is shown in this scenario?
Maturity Date
The final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.
Bond's Principal
The face value of a bond, which is the amount the issuer agrees to pay the bondholder at the time of maturity, excluding interest payments.
Redemption Date
The specific date at which a bond or other debt instrument can be repaid before its maturity.
Initial Public Offerings
The process by which a private company offers shares to the public in a new stock issuance to raise capital.
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