Multiple Choice
In November 2005, traders on the ground sold off a significant amount of Nike's shares while Nike's CEO was flying aboard the company's Gulfstream jet.The jet was malfunctioning and traders were watching television coverage of the event.This scenario illustrates which principle?
A) Market prices reflect information
B) Individuals respond to incentives
C) Cash flows are the source of value
D) The time value of money
Correct Answer:
Verified
Correct Answer:
Verified
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