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The Primary Operating Goal of a Publicly Owned Firm Interested

Question 48

Multiple Choice

The primary operating goal of a publicly owned firm interested in serving its shareholders should be to do which of the following?


A) maximize the stock price per share over the long run, which is the stock's intrinsic value
B) maximize the firm's expected EPS
C) maximize the firm's expected total income
D) maximize the stock price on a specific target date

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