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Statement I: The primary task of the financial manager is to maximize the wealth of the stakeholders. Statement II: The take-over of Starwood Hotels and

Statement I:

The primary task of the financial manager is to maximize the wealth of the stakeholders.

Statement II:

The take-over of Starwood Hotels and Resorts in 2015/2016 is an example of a financial management decision.

Statement 1 is incorrect; statement 2 is correct

Both statements are correct

Both statements are incorrect

Statement 1 is correct; statement 2 is incorrect

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