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

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An MNC would prefer to acquire a target when stock prices are low to minimize acquisition costs and maximize potential returns.

An MNC That Plans to Acquire a Target Would Prefer