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Answer the following: a) Discuss FOUR basic principles of Finance (4 marks) b) Explain the role of securities markets as intermediaries in bringing companies and
Answer the following: a) Discuss FOUR basic principles of Finance (4 marks) b) Explain the role of securities markets as intermediaries in bringing companies and investors together. (4 marks) c) Why is the goal of financial management to maximize the current value of the companys stock? In other words, why isnt the goal to maximize the future value? (4 marks) d) Discuss how company shareholders can encourage their managers to act in a way which is consistent with the objective of shareholder wealth maximiz (4 marks) |
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