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What type of investor should NOT engage in merger arbitrage? A. An investor who is primarily concerned with upside risk, or how high the returns

What type of investor should NOT engage in merger arbitrage?

A.

An investor who is primarily concerned with upside risk, or how high the returns can potentially be ("best-case scenario").

B.

An investor who is primarily concerned about downside/crash risk, or how low the returns can get ("worst-case scenario").

C.

An investor who wants stable return in normal market conditions.

D.

An investor who wants stable returns regardless of market conditions.

E.

Options A and C

F.

Options A and D

G.

Options B and C

H.

Options B and D

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