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Consider the following two statements: Statement 1: Active takeover markets stimulate corporations' managers to maximize shareholder value Statement 2: Active takeover markets stimulate corporations' managers

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Consider the following two statements: Statement 1: Active takeover markets stimulate corporations' managers to maximize shareholder value Statement 2: Active takeover markets stimulate corporations' managers to maximize shareholder welfare O Both statements are true O Statement 1 is true, statement 2 is false O Statement 2 is true, statement 1 is false O Both statements are false

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