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Q3. This course argued that the goal of financial management is to create value for the stockholders. The financial manager must thus examine a potential

Q3. "This course argued that the goal of financial management is to create value for the
stockholders. The financial manager must thus examine a potential investment in light of its
likely effect on the price of the firm's shares. "Explain in a widely used procedure for the
difference between an investment's market value and its cost

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