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  3. Study Set
    CFIN
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    Exam 1: An Overview of Managerial Finance
  5. Question
    The Proper Goal of the Financial Manager Should Be to Maximize
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The Proper Goal of the Financial Manager Should Be to Maximize

Question 42

Question 42

True/False

The proper goal of the financial manager should be to maximize the firm's expected profit, because this will add the most wealth to each of the individual shareholders (owners) of the firm. 

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