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valputin valputin
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Posts: 5754
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8 years ago
Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon is
A) consistent with the efficient markets hypothesis if the earnings were not as low as anticipated.
B) clearly inconsistent with the efficient markets hypothesis.
C) consistent with the efficient markets hypothesis if the earnings were not as high as anticipated.
D) consistent with the efficient markets hypothesis if the favorable earnings were expected.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 182 times
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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