Question $12$

$2\mathrm{.}5$ pts

If you are an activist value investor, which of the following companies would you be most likely to target?

Cheap companies that are underperforming their peer grow $($in terms of profitability$)$ and have high debt.

Cheap companies that are underperforming their peer group $($in terms of profitability$)$ and have low debt.

Chrap companies that are outperforming their peer group $($in terms of profitability$)$ and have low deble.

Cheap companies that are outperforming their peer group fin terms of profitability and have high debt.