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In the real world when a company announces that it will issue stock, the stock price, because rises by 2 to 4 percent, the announcement

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In the real world when a company announces that it will issue stock, the stock price, because rises by 2 to 4 percent, the announcement signals that the stock is undervalued declines by 2 to 4 percent, the announcement signals that the stock is overvalued O stays the same, the announcement is not credible

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