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Question
Academic research has found that share prices of companies that are removed from a major stock index:
a) Trend down until significant news arrives to reverse the trend.
b) Do not experience any abnormal returns either in the short term or in the long term.
c) Drop immediately and then begin trading normally.
d) Drop immediately, but the decline is usually reversed within one or two months.
Answer
This answer is hidden. It contains 7 characters.
Related questions
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