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QUESTION 27 Flukey Gold Mines makes an unexpected announcement regarding gold production at 2.20 p.m. Shares of the company were traded at 12 p.m. 2.10

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QUESTION 27 Flukey Gold Mines makes an unexpected announcement regarding gold production at 2.20 p.m. Shares of the company were traded at 12 p.m. 2.10 p.m, 2.30 pm. and 4 p.m. If the market for Flukey Gold Mines' shares is efficient, then at which trade will the newly established share price fully reflect the new information O 12 p.m. O 2.30 pm. O on the opening of the next trading day O 2.10 p.m. O 4p.m

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