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I just need answers no work needed 3.Which of the following statements is/are correct concerning takeover defenses? A firm can use targeted repurchase to thwart

I just need answers no work needed

3.Which of the following statements is/are correct concerning takeover defenses?

  1. A firm can use targeted repurchase to thwart a potential unfriendly takeover attempt.
  2. A classified board makes it more difficult for a hostile bidder to change the entire board abruptly.
  3. When triggered, a poison pill enables shareholders other than the hostile bidder to purchase shares at a discount, making itprohibitively costly for the hostile bidder to obtain control of the target.
  4. A white knight is a friendly suitor that a target firm turns to as an alternative to a hostile bidder.

a.I and IV only

b.I, III, and IV only

c.I, II, and IV only

d.I, II, III, and IV

e.II and III only

4.Which of the following statements about capital structure theories is/are correct?

  1. The trade-off theory of capital structure predicts that, other things equal, profitable firms should borrow less than unprofitable ones.
  2. The trade-off theory of capital structure predicts that, other things equal, firms facing high costs of financial distress should borrow less than those facing low costs of financial distress.
  3. The pecking order theory of capital structure predicts that, other things equal, firms prefer debt financing over equity financing.
  4. The pecking order theory of capital structure predicts that, other things equal, profitable firms should borrow more than unprofitable ones.

a.I and II only

b.I, III, and IV only

c.I, II, and IV only

d.II only

e.II and III onl

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