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If an Announcement by a Firm Causes the Price of That

Question 42

Multiple Choice

If an announcement by a firm causes the price of that firm's stock to suddenly change,that price change will most likely be driven by:


A) the expected part of the announcement.
B) market inefficiency.
C) the unexpected part of the announcement.
D) systematic risk.
E) expectations of a revised announcement in the near term.

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