QUESTION 9 The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to Maximize the stock price per share over the long run, which is the stock's intrinsic value. Maximize the firm's expected EPS. Minimize the chances of losses. Maximize the firm's expected total income. Maximize the stock price on a specific target date. QUESTION 10 How is preferred stock similar to common stock? Preferred dividend payments usually have unlimited growth potential. Investors cannot sue a corporation for the non-payment of dividends. Both preferred and common stockholders have voting control of a firm. Preferred stock dividends and common stock dividends are fixed. O O O O 0 0 0