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Question
The First State Bank of Wyoming wants to acquire the Second National Bank of South Carolina. It wants to do this because the management feels that South Carolina faces very different economic conditions than Wyoming and that this acquisition will reduce variability in earnings in the future. What motive for a merger does this most likely reflect?
A. Profit potential
B. Risk reduction
C. Rescue of failing institution
D. Cost savings
E. Maximizing management welfare
Answer
This answer is hidden. It contains 1 characters.
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