Which commercial banks transform funds provided by savers

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Reference no: EM131817536

1. Which of the following statements is true of a hostile takeover?

a. A hostile takeover results when a management wants the firm to be taken over.

b. A hostile takeover occurs when a firm's stock is undervalued relative to its potential.

c. A hostile takeover retains the managers of the acquired firm at their previous positions.

d. A hostile takeover refrains managers to take actions that maximize stock prices.

e. A hostile takeover results in poor management and inefficient operations.

2. The process by which commercial banks transform funds provided by savers into funds used by borrowers is called _____.

a. investment banking

b. shelf registration

c. diversification

d. underwriting

e. financial intermediation

Reference no: EM131817536

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