Finance is the study of sources and utilization of money the creation and maintenance of economic value or wealth, higher investment returns in order to maximize profits. both a and b all of the above The future value of given sum of money will increase as the compound rate decreases decrease as the compound rate increases increase as the compound rate increase none of the above The present value of a given sum of money increase as the discount rate increases decrease as the discount rate decreases increase as the discount rate decreases would not be affected by the interest rate Discounting is the opposite of: Compounding future value where interest is non-compounding present value of an annuity due both a and b The primary reason for the divergence between the shareholder wealth maximization go actual goals pursued by management has been attributed to separation of social responsibility and stakeholders' concerns separation of ownership and control separation of personal welfare and long - run profit goals the granting of "golden parachute" contracts An exchange rate quoted as $ 1.47 per British pound is known as a quote Hedge Direct Futures Indirect