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Which of the following is NOT a difficulty associated with the market system and the objective of maximising shareholder wealth? 1. The market may not
Which of the following is NOT a difficulty associated with the market system and the objective of maximising shareholder wealth?
1. | The market may not be well-informed | |
2. | Shareholders cannot perfectly monitor the actions of management | |
3. | The markets may behave irrationally | |
4. | There may be market imperfections |
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