Which One of the Following Statements Is Most Apt to Apply

question 115

Multiple Choice

Which one of the following statements is most apt to apply to a firm that has made a cash tender offer for 2 million shares of ABC Corp. at a price of $20, which is $6 higher than ABC's current value?

• A) The economic gain of the merger exceeds $40 million.
• B) The economic gain of the merger exceeds $28 million.
• C) The economic gain of the merger exceeds $12 million.
• D)The economic gain of the merger would be zero after accounting for merger cost.

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Definitions:

Vocabulary

The group of words recognized and employed by an individual in a certain language.

Age

the length of time that a person or object has existed or the period during which an organism has lived.

Prospective Memory

Refers to the ability to remember to perform actions in the future, such as remembering to take medication at a certain time.

Tip-Of-The-Tongue

A cognitive phenomenon where a person cannot fully retrieve a word but has a partial recall or feels that retrieval is imminent.