QUESTION
36. New Labs just announced that it has received a patent for a product that will eliminate all flu viruses. This news i
Category: Business
Subject: Finance
Due Date: 02/01/2016
Question Asked: 2016-02-01 10:49:00
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User: LightspeedLearning
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36. New Labs just
announced that it has received a patent for a product that will eliminate all
flu viruses. This news is totally unexpected and viewed as a major medical
advancement. Which one of the following reactions to this announcement
indicates the market for New Labs stock is efficient?
A. The price of New Labs stock remains unchanged.
B. The price of New Labs stock increases rapidly and then settles back to
its pre-announcement level.
C. The price of New Labs
stock increases rapidly to a higher price and then remains at that price.
D. All stocks quickly increase in value and then all but New Labs stock
fall back to their original values.
E. The value of all stocks suddenly increase and then level off at their
higher values.
AVAILABLE ANSWERS
36. New Labs just announced that it has received a patent for a product that will eliminate all flu viruses. This news i
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Posted on 2016-02-01 10:49:00
Posted by:
User: LightspeedLearning
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earnings: $1.10
Questions: 369
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Preview:
.... New Labs just announced that it has received a patent for a product that will eliminate all flu viruses. This news is totally unexpected and viewed...
The full tutorial is about 137 words long.