In a hostile takeover, _________________. A) the acquirer often approaches the targets management and shareholders directly with a tender offer for the purchase of their shares B) the acquirer often approaches the targets management directly with a tender offer for the purchase of their shares C) the acquirer often bypasses the targets management and approaches the target companys shareholders directly with a tender offer for the purchase of their shares D) none of the above The pound is pegged to silver at 2 per ounce and the dollar is pegged to silver at $3.20 per ounce. The current market exchange rate is $1.80 per . You have $320, how would you take advantage of this situation? A) Start with $320. Exchange the dollars for pounds at the current rate of $1.80 per . Buy silver with pounds at 2.00 per ounce. Convert the silver to dollars at $3.20 per ounce. B) Start with $320. Buy silver at $3.20 per ounce. Convert the silver to at 2.00 per ounce. Exchange the for dollars at the current rate of $1.80 per . C) A and B both work. D) None of the above. Capital Asset Pricing Model assumes that: A) Lending rate is smaller than borrowing rate B) Lending rate is greater than borrowing rate C) Lending rate is the same as borrowing rate D) None of the above A well diversified portfolio: A) Has zero systematic risk B) Has zero unsystematic risk C) Systematic risk is smaller than unsystematic risk D) None of the above