Question 5 Hot yet answered Marked out of 1.00 Flag question The objective in corporate finance is to maximize firm value. In practice, this often gets narrowed down to maximizing stock prices. Which of the following reasons explain that narrowing? O a. b. Maximizing shareholder value will also maximize firm value, if bond holders are protected. O b. c. Maximizing share prices will maximize shareholder value, if markets are efficient. Oce. All of the above. O d. a. Managers are more answerable to shareholders than to bondholders (or banks). O e. d. Share prices are observable and constantly updated. Give your reasons 1 A B 17 EE