Question
which of the following does not correctly complete this sentence: In general the link between an information announcement and the stock price is that_____ A)
which of the following does not correctly complete this sentence: In general the link between an information announcement and the stock price is that_____ A) the expected stock return will change if the announcement contains a surprise component B) the stock price will not change if the announcement provided only anticipated info C) only announcements that have been discounted will affect the stock price D) in order for the price of the stock to change, the announcement must be relevant to that particular stock and must be unanticipated E) if mkts are efficient in the semi strong form, the mkt will react rapidly to the new info
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started