The free rider problem refers to

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Part 1

A.

some investors choosing not to sell to take advantage of stock price appreciation after a takeover

B.

investors demanding the corporation increase its stock prices throug share repurchases to reach the "fair" price

C.

the right of some shareholders to buy shares in the company at discounted prices

D.

managers allowing their company to be taken over by a hostile raider to get a large severance pay package