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Patell and Wolfson Show That Most of the Stock Price

Question 1

Multiple Choice

Patell and Wolfson show that most of the stock price response to corporate dividend or earnings announcements occurs


A) within 10 hours of the announcement.
B) within 10 days of the announcement.
C) within 10 minutes of the announcement.
D) within 10 seconds of the announcement.

Correct Answer:

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