Question
Shareholders discount many corporate announcements because of their prior expectations. If an announcement causes the price to change it will mostly be driven by: Multiple
Shareholders discount many corporate announcements because of their prior expectations. If an announcement causes the price to change it will mostly be driven by:
Multiple Choice
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the systematic risk.
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the innovation or unexpected part of the announcement.
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the expected part of the announcement.
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market inefficient
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Investment Science
Authors: David G. Luenberger
1st International Edition
0195391063, 9780195391060
