The geurts corporation decides to expand its production and, Financial Management

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The geurts corporation decides to expand its production and

The Geurts corporation decides to expand its production and in order to do so it will need to issue new equity. The days before the actual announcement the stock price decreases on an unusual high number of large sell-orders. This would be an example of:

a Weak market efficiency.

b Semi-strong market efficiency.

c Strong market efficiency.

d Very strong market efficiency.

e None of the above, this is normal market behavior.

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Financial Management: The geurts corporation decides to expand its production and

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Financial Management: The geurts corporation decides to expand its production and

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