A high-ranking corporate official of a well-known company is unexpectedly sentenced to prison for criminal activity in trading stocks.This should
A) raise the price and raise the present value of the corporation's stock.
B) raise the price and lower the present value of the corporation's stock.
C) lower the price and raise the present value of the corporation's stock.
D) lower the price and lower the present value of the corporation's stock.
Correct Answer:
Verified
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