1. The primary goal of corporate management should be to:
a. Maximize the number of shareholders
b. Maximize the firm's profits
c. Minimize the firm's costs
d. Maximize the shareholders wealth
Explain
2. The primary distintion between securtites sold in the primary and secondary markets is the:
a. Riskiness of the securities
b. Price of the securities
c. Previous issuance of the securities.
d. Profitability of the issuing corporation
Explain