Under what conditions would a policy of maximizing the value of the firm not be the same as a policy of maximizing shareholders' wealth?
A)	If the issue of debt increases the probability of bankruptcy
B)	If the firm issues debt for the first time
C)	If an issue of debt affects the value of existing debt
D)	If the beta of equity is positive
Answer:A
Under what conditions would a policy of maximizing the value of the firm not be the same as a policy of maximizing shareholders' wealth?
A)	If the issue of debt increases the probability of bankruptcy B)	If the firm issues debt for the first time C)	If an issue of debt affects the value of existing debt D)	If the beta of equity is positive