24. In a the bankruptcy court forces dissenting creditors to accept a distressed firm's proposed reorganization plan. A work out B. Free Cash Flow (FCF) analysis C. cram down D. synergistic bankruptcy 25. Feature(s) under Chapter 11 of the federal bankruptcy code that may help a distressed firm going through the process of reorganization is (are) A. payments to the pension fund for the firm's employees are suspended during the reorganization process B. interest and principal payments owed by the distressed firm may be delayed without penalty until the reorganization plan is approved. C. the debtor firm's managers are given 120 days after officially filing for bankruptcy to submit a reorganization plan to the court. D. B and C. 26. Assume that the shareholders of Ford Motor Company and General Motors approve the merger of these two firms. This would be an example of a(n) merger. A horizontal B. vertical C. congeneric D. conglomerate 27. The 1960s was the era of the merger in the United States A. leveraged buyout (LBO) B. strategic alliance C. conglomerate D. A and B 28. The "Corporate Value Model" (CVM) is most accurate to use when valuing an acquisition candidate if A. the firm's "Weighted Average Cost of Capital" (WACC) is projected to be relatively stable over time. B. the firm's capital structure is projected to be relatively stable over time. C. the firm is experiencing a "super-normal" level of annual growth in its sales volume. D. A and B and C. I E A and B 29. Each of the following is a factor that may determine the actual "bid price for an acquisition candidate EXCEPT A the payment method (cash vs. securities) that will be used B. the negotiating skills of the management of the two firms. C. the bargaining position of the two firms relative to the current economic circumstances. D. the par value per share of the acquiring firm's common stock. 20 T