Multiple Choice
The volatility of stock prices,particularly in the short-run,may,according to Professor S.Grossman,be due to
A) large numbers of stockholders fearful of losing wealth who sell at some predetermined level.
B) some traders being better informed than others about real financial conditions.
C) either or both of the above.
D) the increasing use of stock options as compensation for corporate executives.
Correct Answer:

Verified
Correct Answer:
Verified
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