You and a friend visit the headquarters of a company and are awestruck by the expensive artwork

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You and a friend visit the headquarters of a company and are awestruck by the expensive artwork and designer furniture that grace every offi ce. Your friend is very impressed and encourages you to consider buying stock in the company, arguing that it must be really successful to afford such elegant surroundings.

Would you agree with your friend’s assessment? What further information (other than the usual fi nancial data) would you obtain before making an investment decision?

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Related Book For  book-img-for-question

Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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