It is assumed that a company should make investment and financing decisions with the main objective of maximising shareh

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It is assumed that a company should make investment and
financing decisions with the main objective of maximising
shareholder wealth. Which ONE of the following statements BEST
describes this objective?
a. Maximising the flow of discounted cash flow to shareholders
over a long-term horizon.
b. Ensuring the company's share price increases over a
short-term horizon.
c. Maximising profits of the company over a long-term
horizon.
d. Pursuit of a high market share for the company.