Argentina experienced a stock market boom

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During the Argentine crisis of 2001-2002, Argentina experienced a stock market boom. Which of the following is correct?

a) The boom in the Argentine stock market resembles other countries' experiences during foreign exchange crisis.

b) Since the stock price reflects the fundamental value of the firm, the boom in Argentina was a direct result of higher values of the firm as the currency board collapsed.

c) The reason for the stock market boom in Argentina during this period was spillover effects from other integrated markets which were doing well.

d) None of these are correct.

Reference no: EM132039179

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