According to 1968 research by Ball and Brown, securities markets fully adjust to earnings announcements _______.A. instantlyB. in 1 dayC. in 1 weekD. gradually over time

Question

asked Apr 3, 2020 120k views

1 Answer

Emaxi · Answer 1 · 2020-04-09T11:59:42+0000

Answer:

D. gradually over time

Step-by-step explanation:

According to 1968 research by Ball and Brown, securities markets fully adjust to earnings announcements gradually over time