Question: The weather report says that a devastating and unexpected freeze is expected to hit Florida tonight, during the peak of the citrus harvest. In
The weather report says that a devastating and unexpected freeze is expected to hit Florida tonight, during the peak of the citrus harvest. In an efficient market one would expect the price of Florida Orange's stock to: A. gradually increase for the next several weeks B. remain unchanged. C. increase immediately. D. gradually decline for the next several weeks. E. drop immediately.
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