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Research has found that target firms experience _______ returns; acquiring firms using cash financing experience ________ returns. a. Positive; negative b. Positive; near-zero c. Negative;

Research has found that target firms experience _______ returns; acquiring firms using cash financing experience ________ returns.

a.

Positive; negative
b.

Positive; near-zero
c.

Negative; near-zero
d.

Positive; positive

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