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13. In order to maximize its shareholders' value, a firm's management must attempt to maximize the stock price in the long run, or the stock's
13. In order to maximize its shareholders' value, a firm's management must attempt to maximize the stock price in the long run, or the stock's "intrinsic value." TRUE or FALSE 14. In order to maximize its shareholders' value, a firm's management must attempt to maximize the expected EPS TRUE or FALSE 15. There are many types of unethical business behavior. One example is where executives provide information that they know is incorrect to banks and to stockholders. It is illegal to provide such information to banks, but it is not illegal to provide it to stockholders because they are the owners of the firm, not outsiders, TRUE or FALSE 16. If a stock's intrinsic value is greater than its market price, then the stock is overvalued and should be sold TRUE or FALSE
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