Please help answer the 5 questions below:

1. Which of the following is true of the transaction stage for a vertical acquisition?

a. The acquirer should include benefits from increased control in forecasting the target's returns

b. Forecasting the targets returns should include its sales to external customers post-acquisition

c. The benefits from increased control accrue to the unit within the acquirer that receives the target's inputs

D. All of these

2. The planning stage of integrating a vertical acquisition is difficult because:

a. Vertical acquisitions are typically a rare occurrence for a firm

b. Corporate staff are not interested in vertical acquisitions

c. Technological substitutes can raise the value of the acquisition

d. Other acquirers may still want to buy the target

3. In integration planning for a vertical acquisition, including the internal unit that receives the target's inputs is important because

a. The unit's growth rate is higher than other businesses in the acquirer

b. The unit needs to grow internationally

c. The benefits to the unit from increased control are a major reason for the acquisition

d. The acquirer is going through a major overhaul of its business portfolio

4. The acquirer may be able to improve the target's performance in a vertical acquisition because

a. The acquirer has specific resources or capabilities that may contribute to the target's external market position

b. The acquirer's headquarters is based in Dallas

c. The target is based in Dallas

d. The target brings special resources and capabilities to the acquirer

5. Equity markets value the merger of two firms most when:

a. Their technologies and types of customer are very similar

b. They are based on different continents

c. One was founded many years before the other

d. One is large and the other is small