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Look at the figure below, if the market is not efficient how will the stock price adjustment responds to the new information on the 10
Look at the figure below, if the market is not efficient how will the stock price adjustment responds to the new information on the 10th day (represented by +10 on X-axis), does this case provides any opportunity to the investors, if YES how and if NO why not? What will happen to the stock price adjustment on 31st day after the new announcement?
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