What type of investor should NOT engage in merger arbitrage? ...
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What type of investor should NOT engage in merger arbitrage?
| A. | An investor who is primarily concerned with upside risk, or how high the returns can potentially be ("best-case scenario"). | |
| B. | An investor who is primarily concerned about downside/crash risk, or how low the returns can get ("worst-case scenario"). | |
| C. | An investor who wants stable return in normal market conditions. | |
| D. | An investor who wants stable returns regardless of market conditions. | |
| E. | Options A and C | |
| F. | Options A and D | |
| G. | Options B and C | |
| H. | Options B and D |
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