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Question 6 3 pts FaceBlink (FACE) announces that using its website for 3 hours per day (and clicking on a dozen ads while doing so)
Question 6 3 pts FaceBlink (FACE) announces that using its website for 3 hours per day (and clicking on a dozen ads while doing so) has been proven to cure baldness, heart disease, obesity, and many other conditions such as diabetes and hypertension. Following the announcement, FACE stock price does not change from its value of $25 per share for nearly a month. After a month passes, FACE stock starts to climb. Eventually FACE is valued at $200 per share. This type of reaction in the market to the announcement by FACE is best described as O Superficial O Efficient O Delayed O Overreaction
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