Multiple Choice
What is the average market reaction to a takeover announcement?
A) The price of the target increases by 15%,while the price of the acquirer decreases by 1%.
B) The price of the target increases by 15%,while the price of the acquirer increases by 1%.
C) The price of the target and acquirer both increase by 15%.
D) The price of the target increases by 1%,while the price of the acquirer increases by 15%.
Correct Answer:
Verified
Correct Answer:
Verified
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