If the agency contract does not specify how long the agency is to last, then it lasts for one year

Which is an alternate definition for "poison pill"?

a. The repurchase of the target firm's shares of stock that were obtained by the acquiring firm at a premium in exchange for an agreement that the acquirer will no longer target the company for takeover b. A strategy whereby a company decides to increase the number of overall shares, which will both dilute the hostile company's shares and increase the cost of the company overall, making the company less appealing to take over c. A lump-sum payment of cash that is given to one or more top-level managers when the firm is acquired in a takeover bid d. A contract between the target firm and the potential acquirer specifying that the acquirer will not purchase additional shares of the target firm for a specified period of time in exchange for a fee paid by the target firm

It is generally least difficult to effectively hedge various types of:

a. translation exposure. b. transaction exposure. c. economic exposure. d. A and C