Exhibit 19.5 shows that stock prices of industrial firms react more negatively to stock issues than do

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Exhibit 19.5 shows that stock prices of industrial firms react more negatively to stock issues than do utilities. Why do you think this is the case?

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Financial Markets And Corporate Strategy

ISBN: 9780077119027

1st Edition

Authors: David Hillier, Mark Grinblatt, Sheridan Titman

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