Chapter 17 Managing Business Finances

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Learning Objectives

After reading this chapter, you should be able to:

  1. 17-1 Explain the concept of the time value of money and the principle of compound growth, and discuss the characteristics of common stock.

  2. 17-2 Identify reasons for investing and the investment opportunities offered by mutual funds and exchange-traded funds.

  3. 17-3 Describe the role of securities markets and identify the ...

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