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Striving to maximize the size of the firm is not considered the most theoretically correct objective for a financial manager to pursue. The reasons for
Striving to maximize the size of the firm is not considered the most theoretically correct objective for a financial manager to pursue. The reasons for this include the fact that while the pursuit of this objective can efficiently include the measurement of the risk taken in financial decisions, it does not allow consideration of the time value of money. True or false
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