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Which of the following best describes the news effect? a) Every investor can immediately identify...

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Finance

Which of the following best describes the news effect?

a) Every investor can immediately identify the precise impact of shocks on the economy.

b) The stock price does not respond to the new information immediately.

c) Stock prices tend to be volatile after the new information is released.

d) Some investors make contingent plans before major economic statistics is released.

e) all of the above

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