Which of the following statements correctly describes features/characteristics of conglomerate acquisitions as discussed in lectures? They occur when a firm acquires another from that operates in a completely different industry They are likely to lead to a lower valat-loss through a diversification discount effect as compared with a vertical acquisition involving the same target firm but by a different acquirer More than one of the other answers is correct None of the other answers is correct They generally involve greater possible synergies through the elimination of duplicate activities as compared with a borontal acquisition involving the same target firm but by a different acquirer Which of the following statements correctly describes features of the decision tree analysis technique as discussed in lectures? It involves the roll-forward procedure where you assess the earliest decision flest and then roll through the decision tree until you get to the most distant decision None of the other answers is correct The technique often becomes much einer to employ as the modelling of the cash flows and states of the world become more realistic It is primarily useful in deciding between independent projects that involve no choices during the life of the projects More than one of the other anwers is correct Which of the following statements correctly describes aspects of the empirical evidence relating to takeovers as discussed in lectures? The main source of synences cited by managers is an lecrease in managerial efficiency More than one of the other answers is correct On average the longer term returns to acquirer firms who conduct share offers is on average, not statistically different to zero The main reason why managers didn't support diversification-based mergers was that they felt that it results In less significant reductions in wealth for the form during times of economic stress None of the other answers is correct