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Evidence Suggests That the Market ________ Take into Account the Credibility

Question 4

Multiple Choice

Evidence suggests that the market ________ take into account the credibility of analyst's recommendations of IPOs that were underwritten at the analyst's investment bank because the performance of these recommendations was about 50% ________ compared to recommendations made by other analysts at different investment banks.


A) does;better
B) does;worse
C) does not;better
D) does not;worse

Correct Answer:

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