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The following are sensible motives for mergers: I) prevent target firm from wasting surplus funds; II) eliminate target firm inefficiencies; III) complementary resources; IV) increasing

The following are sensible motives for mergers:

I) prevent target firm from wasting surplus funds; II) eliminate target firm inefficiencies; III) complementary resources; IV) increasing earnings per share (EPS)

Select one:

a. IV only.

b. I, II and III only.

c. I only.

d. I and II only.

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