If the public expects the Microsoft Corporation to increase $10 a share this quarter and it increases
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If the public expects the Microsoft Corporation to increase $10 a share this quarter and it increases $6, which is still one of the largest gains in the history of the company, what does the efficient market hypothesis say will happen to the price of the stock when the $6 increase is announced?
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Related Book For 
Financial Markets And Institution
ISBN: 9781292459547
10th Global Edition
Authors: Frederic Mishkin, Stanley Eakins
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