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70) Empirical evidence shows that new issues of equity by domestic firms in the US. market typically has a stock price reaction and new equity
70) Empirical evidence shows that new issues of equity by domestic firms in the US. market typically has a stock price reaction and new equity issues in the US. markets by foreign firms with segmented domestic markets have a stock price reaction. A) negative; negative B) positive; negative C) negative; positive D) positive; positive
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