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No answer can be determined as the form of market efficiency is unrelated to abnormal, or excess returns Question 25 Last week, Newtown Plastics announced

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No answer can be determined as the form of market efficiency is unrelated to abnormal, or excess returns Question 25 Last week, Newtown Plastics announced that it had developed a new plastic container that is stronger and more durable, yet easier to recyde. In response to this announcement, the firm's stock price rose from $21 a share to a high of $27 a share and has remained at the level. This is an sample of ain: ovation and correction Shower section Question 25 Last week, Newtown Plastics announced that it had developed a new plastic ca recycle. In response to this announcement, the firm's stock price rose from $21 level. This is an example of a(n): over-reaction and correction pre-activity action delayed reaction efficient market reaction shoulder support reaction

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