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According to finance theory, a business firm should attempt to maximize the long-term price of the firm's common stock The benefit to this objective is

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According to finance theory, a business firm should attempt to maximize the long-term price of the firm's common stock The benefit to this objective is that it provides the best financial outcome for the firm's shareholders. To expand his portfolio, Anthony recently purchased 525 shares of common stock in the American Power Corporation, a utility firm in Georgia. The current market price of APC's common stock is $27.15 per share. Anthony's total wealth from his investment in American Power Corporation is Two years have passed since Anthony purchased his 525 common shares in the American Power Corporation. The market price of the company's shares is now $30.54 per share. As a result, Anthony's wealth from his investment in APC has by assuming that everything else remains constant

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