b. The following day, the price of Goggle drops by 5%, the price of General Electric drops

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b. The following day, the price of Goggle drops by 5%, the price of General Electric drops by 2%, and the price of Yahoo remains the same. The price of BTM was $117. Does the price additivity rule hold?

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Related Book For  book-img-for-question

Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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