Which principle is referring to the statement: $$Managers won$$t work for the owners unless

it is in their best interest. Managers may make decisions that are not in line with the goal

of maximization of shareholder wealth$.(1$ Mark$)$

b$.$ Do you agree that recruiting and monitoring staff in finance department is one of the roles

and responsibilities of Financial Managers? Explain. $(2$ Marks$)$

c$.$ List FOUR $(4)$ types of financial markets $(1$ Mark$)$

d$.$ The nominal interest rate is $7\%$ and the expected inflation rate is $2\%.$ Based on the

information, calculate the real rate of interest. $(2$ Marks$)$

e$.$ Discuss the relationship between inflation and interest rate that can influence the degree

of risk and return. $($DO NOT copy paste AI answer$)$