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Question: 1. Agency conflict between management and shareholders: How can the existence of agency costs threaten the attainment of maximization of the shareholders wealth objective?

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Question: 1. Agency conflict between management and shareholders: How can the existence of agency costs threaten the attainment of maximization of the shareholders wealth objective? 2. What is the place of the Efficient Market Hypothesis (EMH) asset pricing (Valuation)? 3. What makes it impossible for a valuation exercise to be absolutely precise? (Group Assignment 1) in

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