1. Below is a simplified version of a model developed to investigate the impact of stock splits on long-run stock performance for acquiring firms: y = Bo+ B1X1 + B2X2 + B3X1 X2 Where: y = average salary; X1 = {1, if stock split prior to acquisition, 0 if not } X2 = {1 if firm's discretionary accrual is high, 0 if discretionary accrual is low. A) In terms of the B's in the model, what is the mean buy-out-and-hold return rate (BAR) for a firm with no stock split and a high discretionary accrual? B) In terms of the B's in the model, what is the mean buy-out-and-hold return rate (BAR) for a firm with no stock split and a low discretionary accrual? c) For firms with no stock split, find the difference between the mean BAR for firms with high and low DA. (Hint: Use your answers to parts a and b). D) For firms with a stock split, find the difference between the mean BAR for firms with high and low DA. (Hint: Use your answers to parts a and b)