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A Company Unexpectedly Announces a Product Recall Due to Safety

Question 34

Multiple Choice

A company unexpectedly announces a product recall due to safety concerns about its product.According to the efficient markets hypothesis,this news should


A) raise the price of the company's stock.
B) not affect the price of the company's stock.
C) reduce the price of the company's stock.
D) More information is needed to answer the question.

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