Assume that markets are semi-strong form efficient Suppose then, that during a trading day, important new information is released for the first time concerning a certain company This information indicates that one of the firm's oil fields, previously thought to be very promising just came up dry. How would you expect the price of a share of stock to react to this information? a The value of a share will fall over an extended period of time as investors begin to sell shares in the company b The value of a share will drop immediately to a price that reflects the value of the new information, The value of a share will fall below what is considered appropriate because of the decreased demand for the shares, but eventually the price will rise to the correct level d The stock price will not change, since this type of information has no impact in markets that are semi-strong form efficient