【正文】
option theory 7 agency theory 8 utility theory Unsolved problems 1 How are major financial decisions made? 2 What determines project risk and present value? 3 Risk and returnwhat have we missed? 4 How important are the exceptions to the efficient market theory? 5 Is management an offbalance sheet liability? 6 How can we explain the success of new securities and new markets? 7 How can we resolve the dividend controversy? 8 What risks should a firm take? 9 What is the value of liquidity? 10 How can we explain merger wavers?