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Chapter 1: Question 2
What are the differences between shareholder wealth maximization and profit maximization? If a firm chooses to pursue the objective of shareholder wealth maximization, does this preclude the use of profit maximization decision-making rules? Explain.
Chapter 2: Problem 12
Determine the percentage change in value of the following currencies relative to the U.S. dollar between March 9, 2010 and February 25, 2013. (Refer to Table 2.1 in the text.)
a. Rupee
b. Pound
c. Yen
d. Euro
e. Canadian dollar
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