An MNC that plans to acquire a target would prefer to time its bid for the target when the local stock market prices are generally high.

Name: An MNC that plans to acquire a target would prefer to time its bid for the target when the local stock market prices are generally high.
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Question

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An MNC may prefer to time its bid for a target when the local stock market prices are generally low. This would allow the MNC to acquire the target at a lower price and potentially achieve greater returns in the long run.

An MNC That Plans to Acquire a Target Would Prefer