Summarize the 6 principles of finance. 1. Money has a time value. 2. Higher returns are expected
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Question:
Summarize the 6 principles of finance.
1. Money has a time value.
2. Higher returns are expected for taking on more risk.
3. Diversification of investments can reduce risk.
4. Financial Markets are efficient in pricing securities.
5. Manager and stockholder object may differ.
6.Reputation matters.
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