Question 3 0 / 1 point Acquisition target should be valued : As a stand- alone pre-acquisition play in local currency In local after having incorporated the acquisition induced value-creating enhancements In reference currency terms after having incorporated the acquisition induced value-creating enhancements on both the target and the bidder O Using multiples based on comparable firms ONone of the above Question 6 0 / 1 point Good reasons for not hedging. Which of the following are good reasons for not hedging currency risk? The foreign exchange market is efficient Shareholders are better able to diversify currency risk than firms' management O Hedging currency risk reduces the firm's expected cash-flows O All of the above