Question $22(2\mathrm{.}5$ points$)$

The primary operating goal of a publicly$-$owned firm trying to best serve its stockholders should be so

A$)$ Maximize managers' own interests, which are by definition consistent with masimizing sharebolders' wealth.

B$)$ Maximire the firm's expected EPS, which must also maximize the firm's price per share.

C$)$ Mismire the firms risig because most mocklollen dislike rith. In turn, this will masimize the firm's stock price.

D$)$ Use a well$-$structured masugerial compensusion package to reduce cosflicts that may exist between stockholders and managers.

E$)$ Since it is impossible so measure a stock's instissic value, the text states that in is becoer for manugers to attempt to maximize the current stock price than its intriasic value.