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Why did airline stocks fell sharply after the attacks on September 11, 2001. a. future cash flows were expected to increase b. future cash flows
Why did airline stocks fell sharply after the attacks on September 11, 2001.
a. future cash flows were expected to increase
b. future cash flows were expected to decrease
c. future cash flows were expected to stay the same
d. risk decreased
e. risk did not change
I believe this answer should be (B). My reasoning is because airlines were shutdown for some time after 9/11
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