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Question 5 Which of the following goals of the firm is equivalent to the maximization of shareholder wealth? Not yet answered Marked out of 1.00

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Question 5 Which of the following goals of the firm is equivalent to the maximization of shareholder wealth? Not yet answered Marked out of 1.00 Select one: O a. Risk minimization O b. Maximization of the total market value of the firm's common stock O c. Stakeholder wealth maximization P Flag question O d. Profit maximization Question 6 What does the agency problem refer to? Not yet answered Marked out of 1.00 P Flag question Select one: O a. The problem that results from potential conflicts of interest between the manager of a business and the stockholders. O b. The conflict that exists between the board of directors and the employees of the firm. O c. The conflict that exists between stockbrokers and investors. O d. The problem associated with financial managers and auditors

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