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    Exam 14: Efficient Capital Markets and Behavioral Challenges
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    In the Three Years Prior to a Forced Departure of a Top
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In the Three Years Prior to a Forced Departure of a Top

Question 22

Question 22

Multiple Choice

In the three years prior to a forced departure of a top manager,stock prices,adjusted for market performance,on average:


A) decline about 20 percent.
B) decline about 40 percent.
C) decline about 60 percent.
D) remain stable.
E) increase about 20 percent.

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