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According Maslow's hierarchy of needs, by giving his/her employees the opportunity to use their skills and abilities to the fullest extent possible, a manager satisfies their _____.
Straight Bond Value
The value of a bond without any embedded options; it pays fixed interest and returns the principal at maturity.
Conversion Value
The value of a convertible security if it is currently converted into the number of shares that the security is worth according to its conversion terms.
Option Value
The premium that investors are willing to pay for the possibility of higher returns associated with holding an options contract.
Intrinsic Value
The inherent worth of an asset, often calculated based on fundamentals, without reference to its market value.
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