Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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If the financial markets are competitive and complete, which ones of the following
goals of a firm are equivalent?
I. Earnings maximization
II. Earnings per share maximization
III. Share value maximization
IV. Maximizing the utility of existing shareholders
I and II
Il and III
II, II and IV
IIlI and IV
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Transcribed Image Text:If the financial markets are competitive and complete, which ones of the following goals of a firm are equivalent? I. Earnings maximization II. Earnings per share maximization III. Share value maximization IV. Maximizing the utility of existing shareholders I and II Il and III II, II and IV IIlI and IV
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