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Corporate managers have proven experience to time the market when issuing secuirities to create value for their shareholders Multiple Choice True, corporate managers con analyze
Corporate managers have proven experience to time the market when issuing secuirities to create value for their shareholders
Multiple Choice
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True, corporate managers con analyze the market better than the average retail investor.
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False, market efficiency states that securities are always correctly priced.
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False, consistent serial correlation in financial securities show otherwise.
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None of the options.
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