A ________ is a defensive strategy built into the target corporation's articles of incorporation, corporate bylaws, or contracts and leases that can be adopted to defeat a tender offer
A) greenmail agreement
B) Pac-Man tender offer
C) white knight merger
D) poison pill
D
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An annuity is the same amount at the same time every period
Indicate whether the statement is true or false
A printing press has a mean time between failures of 175 hr and mean time to repair of 8 hr. In this case, the availability is ______.
A. 0.956 B. 0.895 C. 0.789 D. 0.678
An adjustment must be made at the end of an accounting period to accrue the interest expense on bonds payable and to amortize any related premium or discount from the last interest payment date to the end of the fiscal year
Indicate whether the statement is true or false
On February 1 . Rapido Corporation entered into a firm commitment to purchase specialized equipment from the Yamasake Trading Company for ¥65,000,000 on April 1 . Rapido would like to reduce the exchange rate risk that could increase the cost of the equipment in U.S. dollars by April 1 . but Rapido is not sure which direction the exchange rate may move. What type of contract would protect Rapido
from an unfavorable movement in the exchange rate while allowing them to benefit from a favorable movement in the exchange rate? a. Interest rate swap b. Forward contract c. Call option d. Put option