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QUESTION

If the current stock price does over-emphasize the short term, but managers are supposed to maximize stockholder wealth, what should they focus on?

If the current stock price does over-emphasize the short term, but managers are supposed to maximize stockholder wealth, what should they focus on?

If a stock’s market value and intrinsic value are identical then the stock is in equilibriumand there will be problem in buying or selling to change the stocks price. 'Which means ideally: it is...
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