Question: 1. Wealth maximization, rather than profit maximization, should be a firms goal. Do you agree or disagree with this statement? Discuss your arguments and include
1. Wealth maximization, rather than profit maximization, should be a firms goal. Do you agree or disagree with this statement? Discuss your arguments and include a detailed explanation supporting your argument
2. Discuss the difference between a bonds coupon interest rate and required return? Suppose you have recently invested in a bond. How can Interest rate risk influence your investment?
Answer these two questions briefly.
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