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Which of the following statements is INCORRECT? OA. The primary financial goal of the business firm is to maximize the wealth of the firm's owners. B. A firm's stock price depends on the magnitude of cash flows the firm will generate, the timing of cash flows, and the risk associated with these cash flo OC. Maximization of owner value and societal benefits are always consistent. OD. None of the above

Which of the following statements is INCORRECT? OA. The primary financial goal of the business firm is to maximize the wealth of the firm's owners. B. A firm's stock price depends on the magnitude of cash flows the firm will generate, the timing of cash flows, and the risk associated with these cash flo OC. Maximization of owner value and societal benefits are always consistent. OD. None of the above

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Which of the following statements is INCORRECT? OA. The primary financial goal of the business firm is to maximize the wealth of the firm's owners. B. A firm's stock price depends on the magnitude of cash flows the firm will generate, the timing of cash flows, and the risk associated with these cash flo OC. Maximization of owner value and societal benefits are always consistent. OD. None of the above
Transcribed Image Text:Which of the following statements is INCORRECT? OA. The primary financial goal of the business firm is to maximize the wealth of the firm's owners. B. A firm's stock price depends on the magnitude of cash flows the firm will generate, the timing of cash flows, and the risk associated with these cash flo OC. Maximization of owner value and societal benefits are always consistent. OD. None of the above
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