Business, 01.08.2020 01:01 hannahkharel2

We can imagine the financial manager doing several things on behalf of the firm’s stockholders. For example, the manager might do the following: a. Increase the firm's market value by investing in real assets.
b. Modify the firm’s investment plan to help shareholders achieve a particular time pattern of consumption.
c. Choose high- or low-risk assets to match shareholders’ risk preferences.
d. Help balance shareholders’ checkbooks.

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We can imagine the financial manager doing several things on behalf of the firm’s stockholders. For...

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