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Question 1 4 pts GM announces it has invented a car that not only drives you places, but also has an interesting side effect. If

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Question 1 4 pts GM announces it has invented a car that not only drives you places, but also has an interesting side effect. If you sit in the car for 20 minutes a day, it cures all diseases you may have (including horrible diseases such as cancer and heart disease). GM stock the next day soars to $5.000 per share. What is the most accurate explanation of how and why GM stock went up? Technicians at the stock markets used the growth stock model as well as the capital asset pricing model to calculate the new price. The stock exchanges estimated the new stock price based on other past historical incidents similar to GM High demand for the stock and low supply..since no one was selling) caused the price to increase until a point of equilibrium was reached (meaning there were now enough suppliers or sellers of the stock), o Computers estimate what the new price will be based on a set of known variables and several reliable valuation models

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