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Which of the following is NOT a reason that a firm that maximizes profits may fail to maximize shareholder wealth inguneices sock pice may be
Which of the following is NOT a reason that a firm that maximizes profits may fail to maximize shareholder wealth inguneices sock pice may be soienal O B. Shareholder wealth depends on cash flow which is not the same as profit. C. The timing of profits matters. Shareholders might prefer lower profits that arrive sooner. O D. Risk matters. Shareholders are risk averse, so they prefer less risky investments that generate lower profits
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