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The weather report says that a devastating and unexpected freeze is expected to hit Queensland tonight, during the peak of the citrus harvest. In an

The weather report says that a devastating and unexpected freeze is expected to hit Queensland tonight, during the peak of the citrus harvest. In an efficient market, one would expect the price of the shares of a main Citrus producer in Queensland to

Select one:

a. remain unchanged.

b. drop immediately.

c. increase immediately.

d. gradually increase for the next several weeks.

e. gradually decline for the next several weeks.

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