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Which is not a conclusion of capital markets research

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Reference no: EM132810248

Problem 1: Which of the following is not a conclusion of capital markets research?

Select one:

Option 1: Forecasts of future performance are core to valuation.

Option 2: Accounting information is not used by investors.

Option 3: Investors react more quickly to bad news than to good.

Option 4: Accounting earnings are poor measures of relevant events that are incorporated into share price.

Reference no: EM132810248

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