Question: 6. Explain why wealth maximization, rather than profit maximization should be the firm goal and how the company issues are related to it? Answer: 7.

6. Explain why wealth maximization, rather than profit maximization should be the firm goal and how the company issues are related to it?

Answer:

7. Discuss the relationship between financial institutions and the market as well as the role and operations of the money and capital market.

8. Discuss the fundamentals of business taxation of ordinary income and capital gains and explain the treatment of tax losses.

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