Investing decisions because more value is generated

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A fellow student argues:

"In some ways a firm's financing decisions are less important than its investing decisions because more value is generated from a firm's investing decisions than its financing decisions."

Critique this statement, stating clearly whether you agree or disagree and explaining why. Your analysis should be based on your understanding of topics 'analysing the firms investment decisions' and topic 'analysing the firms investment decisions'. 

Reference no: EM132245286

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