March 18th, 2019 
admin1. The Euro eliminated exchange costs and exchange rate fluctuations. TRUE FALSE 2. The foreign exchange market is like the New York Stock Exchange because they are both physical entities. TRUE FALSE 3.The goal of the firm should be the maximization of profit. TRUE FALSE It should be FALSE. The goal of the firm should be maximization of shareholder wealth. 4.For the risk-averse financial manager the more risky a given course of action the higher the expected return must be. TRUE FALSE
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