4. [Implications of adjusting for general market conditions] Assume that new information arrived affecting all aspects of

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4. [Implications of adjusting for general market conditions] Assume that new information arrived affecting all aspects of the economy

a. Under standard research procedures, using a model such as the capital asset pricing model to test for market reaction, what would the results show?

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The Analysis And Use Of Financial Statements

ISBN: 9780471375944

3rd Edition

Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried

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