The six principles of finance include (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 objectives may differ, and (6) Reputation matters.
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Q9: Finance is the study of how individuals,
Q10: The terms financial system, institutions, and intermediaries
Q11: The principle of finance that "financial markets
Q12: The principle of finance that "management objectives
Q13: Personal finance is the study of how
Q15: The primary goal of the financial manager
Q16: Some risk can be removed by investing
Q17: The principle of finance that "money has
Q18: While the financial press chooses to highlight
Q19: Personal finance is the study of how
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