Examlex
Which of these principal-agent relationships is least likely to pose a problem?
Months
Units of time, approximately 1/12th of a year, used in calendars to segment time.
Maturity Value
The total amount that will be paid to the investor at the end of a fixed-income investment's life.
Months
Units of time, each roughly equivalent to one twelfth of a year, used in planning and organizing.
Rate Of Interest
The percentage of the principal that will be charged for a particular period of time, normally one year.
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