Question: Explain how you will study whether firms with low and high stock prices respond differently to macroeconomic news that may affect share prices. (5 points).

Explain how you will study whether firms with low and high stock prices respond differently to macroeconomic news that may affect share prices. (5 points). Please respond in no more than 10 lines. Does the evidence support that firms with different prices (levels) respond according to theory to this news? (5 points) Please respond in no more than 10 lines
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