Question: A . CEO decisions are irrelevant because the efficient market determines the value of a company's stock. B . The CEO's decision may have been
A CEO decisions are irrelevant because the efficient market determines the value of a company's stock.
B The CEO's decision may have been optimal, keeping the stock price from falling more than for the year.
C The CEO made a poor decision to expand because the company's profits for the year obviously decreased, causing the drop in stock price.
D The CEO made a poor decision to expand because the stock price decreased during the year.
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