35. Implications of Efficient Markets. The president of Good Fortunes, Inc., states at a press conference that

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35. Implications of Efficient Markets. The president of Good Fortunes, Inc., states at a press conference that the company has a 30-year history of ever-increasing dividend payments. Good Fortunes is widely regarded as one of the best-run firms in its industry. Does this make the firm's stock a good buy? Explain. (LOS)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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