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valputin valputin
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8 years ago
When Happy Feet Corporation announces that their fourth quarter earnings are up 10%, their stock price falls. This is consistent with the efficient markets hypothesis
A) if a merger is anticipated.
B) if earnings were not as low as expected.
C) the company just invented a new bunion product.
D) if earnings were not as high as 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:
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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
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#2
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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