Explain why it is desirable to find the exact time that the market first became aware of

Question:

Explain why it is desirable to find the exact time that the market first became aware of an item of accounting information if any security price reaction to this information is to be detected. Can such a time always be found? Explain why or why not. What can researchers do when the exact time the market first became aware of the information cannot be isolated?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: