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    Business
  3. Study Set
    Principles of Corporate Finance
  4. Exam
    Exam 31: Mergers
  5. Question
    As a Defensive Maneuver,a Firm Issues Deep-Discount Bonds That Are
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As a Defensive Maneuver,a Firm Issues Deep-Discount Bonds That Are

Question 76

Question 76

Multiple Choice

As a defensive maneuver,a firm issues deep-discount bonds that are redeemable at par in the event of an unfriendly takeover.These bonds are an example of:


A) greenmail.
B) a "scorched earth" policy.
C) crown jewels.
D) a poison put.

Correct Answer:

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