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6. Alphabet holds lots of cash invested in T-bills. Would you expect its price to rise or fall if it announces it uses some of
6. Alphabet holds lots of cash invested in T-bills. Would you expect its price to rise or fall if it announces it uses some of that cash to either pay dividends or repurchase some of its stock: A. fall B. rise C. not affected D. fall on the announcement day and then go up on subsequent days 7. Growth stocks tend to have higher P/E ratios than non-growth stocks. Does that nec essarily imply that high growth stocks have higher expected returns than non-growth stocks? Yes or No
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