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Read the following passage and choose the appropriate terms to complete the sentences. Shareholders want managers to maximize the expected return invest its cash
Read the following passage and choose the appropriate terms to complete the sentences. Shareholders want managers to maximize the expected return invest its cash in (Click to select) (Click to select) of their investments. The firm faces a trade-off. Either it can or it can give the cash back to (Click to select) in the form of a(n) and they can invest it in (Click to select) . Shareholders want the company to invest in only if the (Click to select) is (Click to select) than they could earn for themselves in equivalent risk investments. The return that shareholders could earn for themselves is therefore the (Click to select) for the firm. (Click to select)
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