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Which of the following statements about earnings response coefficients (ERCs) is correct? Select one: a. ERCs are negatively related to earnings persistence. b. ERCs are

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Which of the following statements about earnings response coefficients (ERCs) is correct? Select one: a. ERCs are negatively related to earnings persistence. b. ERCs are positively related to leverage. ERCs are negatively related to beta risk. O d. ERCs are negatively related to firms' future growth prospects. C

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