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Management's primary goal in a publicly-owned firm interested in serving its stockholders should be to... a) Maximize shareholder value by maximizing the intrinsic value of

Management's primary goal in a publicly-owned firm interested in serving its stockholders should be to...

a) Maximize shareholder value by maximizing the intrinsic value of the firm's stock.

b) Maximize the year-over-year variance of the firm's gross margin percentage.

c) Minimize the risk(s) that result in shareholders experiencing losses.

d) Maximize the firm's projected net income.

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