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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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