Question
In a highly efficient market, unexpected positive news on a stock is announced to the public. After this announcement, the difference between the market value
In a highly efficient market, unexpected positive news on a stock is announced to the public. After this announcement, the difference between the market value and the intrinsic value of the stock willmost likely:
a.
decrease
b.
remain zero
c.
increase
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
