18. The financial markets allocate capital to corporations by A) reflecting expectations of the market participants in the prices of the B) requiring higher returns from companies with lower risk than their ce their competitors. C) rewarding companies with expected high returns with lower relative D) relying on the opinion of investment bankers, gh returns with lower relative stock prices. 19. Maximization of shareholder wealth is a concept in which A) increased earnings is of primary importance. B) profits are maximized on a quarterly basis. C) virtually all earnings are paid as dividends to common stockholders. D) optimally increasing the long-term value of the firm is emphasized