American_Bankers_Association
CTFA · Question #20
The long-run objective of financial management is to:
The correct answer is B. Maximize the value of the firm's common stock. See the full explanation below for the reasoning.
Investment Management
Question
The long-run objective of financial management is to:
Options
- AMaximize earnings per share
- BMaximize the value of the firm's common stock
- CMaximize return on investment
- DMaximize market share
How the community answered
(24 responses)- A4% (1)
- B83% (20)
- C8% (2)
- D4% (1)
Topics
#financial management objective#shareholder value#stock price maximization#firm value
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