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5. Suppose that a share of Patel had a closing price yesterday of JDIS, but new infor and after the market closed that caused a

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5. Suppose that a share of Patel had a closing price yesterday of JDIS, but new infor and after the market closed that caused a revision in the forecast of the for the next year to go to D20. If the annual equilibrium return on Paltel is 10%. Assume that Painel pays se dividends, What does the efficient market hypothesis indic the price will go to today when the market opens

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