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Assume that a company announces unexpectedely high earnings in a particular quarter, in an efficient market (semistrong-form), which of the following statements is correct? A)
Assume that a company announces unexpectedely high earnings in a particular quarter, in an efficient market (semistrong-form), which of the following statements is correct? A) no abnormal price change before or after the announcement B) an abnormal price change immediately after the announcement with some drift afterwords C) an abnormal price change immediately after the announcement with no more drift afterwords D) an abnormal price change before the announcement
A) no abnormal price change before or after the announcement
B) an abnormal price change immediately after the announcement with some drift afterwords
C) an abnormal price change immediately after the announcement with no more drift afterwords
D) an abnormal price change before the announcement
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Introduction To Business Statistics
Authors: Ronald M. Weiers
7th Edition
978-0538452175, 538452196, 053845217X, 2900538452198, 978-1111524081
