1- The present value interest factor is higher when the discount rate of interest increases.

True / False

2- The goal of profit maximization is equivalent to the goal of maximization of share value.

True / False

3- The financial manager should examine available risk-return trade-offs and make his decision based upon the greatest expected return.

True / False

4- In order to maximize shareholder wealth, a firm must consider historical costs as an integral part of their decision-making.

True / False

5- The goal of profit maximization ignores the timing of profit.

True / False