According to the Hubristic Motive,a Winning Acquirer May Suffer from What

Multiple Choice

According to the hubristic motive,a winning acquirer may suffer from what is called the ''winner's curse'' when:

A) the market price of target firms do not reflect their intrinsic value.
B) multiple firms are bidding for multiple targets.
C) the winner has overpaid during an acquisition.
D) the winner has not paid the acquisition premium.