Question: 3. Do you think investors will see through these changes? In answering this, you may consider broadly two sets of investors - Sophisticated or unsophisticated.

3. Do you think investors will see through these changes? In answering this, you may consider broadly two sets of investors - Sophisticated or unsophisticated. Academic literature identifies sophisticated or informed investors as those that have the knowledge (such as ability to understand financial statements) and experience to assess the merits and risks of investments

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