Short questions 1. (5 points) You have TVM formula FV = PV (1 + R). Assume FV and PV don't change, if r increases (r>0),
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Short questions 1. (5 points) You have TVM formula FV = PV (1 + R). Assume FV and PV don't change, if r increases (r>0),
questions 1. (5 points) You have TVM formula FV = PV (1 + R). Assume FV and PV don't change, if r increases (r>0), what will happen to N? 2. (5 points) Firm's objective function is to maximize shareholders' value. Do you think it is ethical or not? Why?
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