1. Which of the following M&A scenarios tends to use an all-stock consideration?
a. Horizontal integration
b. Vertical integration
c. Merger of equals
d. Forward integration
2. In a football field graphic for an M&A transaction, which of the following is a proxy for what a financial buyer would be willing to pay for the company?
a. Precedent transactions analysis
b. DCF Analysis
c. LBO analysis
d. Comparable companies analysis
3. When is an all-stock merger accretive?
a. Acquirer's pro forma EPS is lower
b. Target's P/E is higher than acquirer's
c. Acquirer's P/E is lower than target's
d. Acquirer's P/E is higher than target's