Research by Auerbach and Reishus Found That

Research by Auerbach and Reishus found that:

A) Firms that merge more frequently do not borrow more than firms that have exhibited a less tendency to merge
B) Firms that merge more frequently increasingly use stock as a function on the number of deals they do
C) Private equity firms use less debt when they complete deals
D) All of the above
E) Both a and b
True or False