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During the recent two plane crashes, Boeing Company's stock price dropped substantially. Assume that the market is expecting Boeing to settle all the expected litigation
During the recent two plane crashes, Boeing Company's stock price dropped substantially. Assume that the market is expecting Boeing to settle all the expected litigation costs for around $10 billion. Assume that the Justice Department announces a final settlement with Boeing for $10 billion. Assuming that the markets are semi-strong from efficient, how will the Boeing stock price respond to this settlement announcement?
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