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Over the past three decades, ROIC excluding goodwill has steadily improved faster than ROIC excluding goodwill. This pattern is consistent with: A. Value-creating (net) acquisitions
Over the past three decades, ROIC excluding goodwill has steadily improved faster than ROIC excluding goodwill. This pattern is consistent with:
- A. Value-creating (net) acquisitions where acquirers buy at a discount.
- B. Value-destroying (net) acquisitions where acquirers pay full price.
- C. Value-destroying (net) acquisitions where acquirers buy at a discount.
- D. Value-creating (net) acquisitions where acquirers pay full price.
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