Decides to expand its production

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Reference no: EM131622519

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.

Reference no: EM131622519

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