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What the term objectives denotes- financial management
It must be noted at the outset that term 'objective' is used in the sense of a goal or decision criterion for three decisions involved in financial management. It implies that what is relevant is not overall objective or goal of a business though an operationally useful criterion by which to judge a specific set of mutually interrelated business decisions, namely, financing, investment and dividend policy
Q. What do you signify by Cost of Capital? What do you signify by 'Cost of Capital'? What is its meaning and what are the problems in determination of cost of capital? Ans.
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