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Which one of the following statements is correct? A . A firm is able to increase its leverage by repurchasing outstanding shares B . The
Which one of the following statements is correct?
A
A firm is able to increase its leverage by repurchasing outstanding shares
B
The value of a firm is determined based on the number of shareholders
C
There always exists a misalignment of interest between financial managers and shareholders
D
Maximizing a stock price is equivalent to maximizing the value of the firm
E
Maximizing the debtholders wealth is a goal of financial managers
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