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Consider the Harvard Business School Tesla-SolarCity case study. On June 22, 2016, one day after the announcement of the merger intentions, Tesla share prices and

Consider the Harvard Business School Tesla-SolarCity case study. On June 22, 2016, one day after the announcement of the merger intentions, Tesla share prices and debt prices dropped, while SolarCity share prices and debt prices increased. The main reason for this is the two stocks' exposure to systematic risk. Do you agree with the underlined statement? Comment

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