Question
If the market processes new information efficiently, the reaction of market prices to new information will be: Group of answer choices unbiased. instantaneous. instantaneous and
If the market processes new information efficiently, the reaction of market prices to new information will be:
Group of answer choices
unbiased.
instantaneous.
instantaneous and unbiased.
slow.
random.
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
