Why is the personal decision a financial manager makes as to whether to buy or to rent an apartment as a personal residence most like the professional decision that manager makes as to whether her firm should try to acquire a stake in a fast growing new Internet-based company?

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Both decisions require the financial manager to carefully weigh the benefits and costs over time in order to make a sound decision. In the case of the personal decision to buy or rent an apartment, the manager must compare the costs of renting and owning a home while considering any long-term benefits. Similarly, in the professional decision to acquire a stake in a fast growing company, the manager must evaluate the potential benefits of the investment against the costs and risks involved over time.

Why Is the Personal Decision a Financial Manager Makes as to Whether