EMU is in a bidding war with WMU to acquire Ypsi. - The current price of Ypsi stock \\( =\\$ 65 / \\) share - WMU has made an offer of \\( \\$ 75 \\) - The intrinsic value of Ypsi to EMU is \\( \\$ 95 \\) What options may EMU choose? Nothing--current bid of 575 h already too high compared to the market price of \\( \\$ 65 \\) Offer at least 595 to defeat WMU Bid between \\( \\$ 65 \\) and \\( \\$ 75 \\)-does not lose shareholders' wealth Bid between \\( \\$ 75 \\) and \\( \\$ 95 \\) - is still a good value