The primary operating goal of a publicly-owned firm interested in serving its

Question

The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to

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. Minimize the chances of losses.

d. Maximize the firm's expected total income.

e. Maximize the stock price on a specific target date.

Answer

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