Finance T?F

Agency problems arise due to the separation of ownership and control and can arise between stockholders and managers or between stockholders and bondholders True The appropriate goal of a financial manager is to maximize stockholder wealth, maximize the price per share of the firm’s common stock, or to maximize the …

Finance chapter 10

The goal of the capital budgeting decisions is to select capital projects that will decrease the value of the firm.(True/False) False When two projects have cash flows that are tied to each other, the projects may be classified as independent.(True/False) False When two projects are independent, accepting one project implicitly …

Personal Finance- Chapter 12- Life Insurance Planning

Life insurance An insurance contract that promises to pay a dollar benefit to beneficiary upon the death of the insured person Final expenses One-time expenses occurring just prior to or after death Social security survivor’s benefits Government program benefits paid to a surviving spouse and children Beneficiary Person who receives …