1. Suppose you invest $2500 in a savings account that earns 11% per year. How much will be in the account in 7 years?
$5,190.40
$1,204.15
$24,458.19
$11,780.49
None of these
2. One important finding on legal systems is:
a) English-based law is less shareholder friendly and French-based codes more so.
b) There is a link between shareholder protection and economic growth – where countries with weaker investor protection promote well-developed financial markets and hence stimulate economic growth.
c) The protection of minority shareholders is not related to the country's legal system (the laws themselves) – rather, it is only the enforcement of the law that relates to this protection.
d) None of these.