If the public expects the Microsoft Corporation to increase $10 a share this quarter and it actually

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If the public expects the Microsoft Corporation to increase $10 a share this quarter and it actually increases $6, which is still one of the largest gains in the history of the company, what does the efficient market hypothesis say will happen to the price of the stock when the $6 increase is announced?

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Financial Markets And Institutions

ISBN: 9781292215006

9th Global Edition

Authors: Stanley Eakins Frederic Mishkin

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