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    Fundamentals of Financial Management Study Set 1
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    Managers Always Attempt to Maximize the Long-Run Value of Their
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Managers Always Attempt to Maximize the Long-Run Value of Their

Question 19

Question 19

True/False

Managers always attempt to maximize the long-run value of their firms' stocks,or the stocks' intrinsic values.This is exactly what stockholders desire.Thus,conflicts between stockholders and managers are not possible.

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