3.9 What effect would the following events be likely to have on the price of Google’s stock? a. A competitor launches a search engine that is better than Google’s. b. The corporate income tax is abolished. c. Google’s board of directors becomes dominated by close friends and relatives of its top management. d. The price of wireless Internet connections in developing countries unexpectedly drops, so more and more people world wide use the Internet. e. Google announces a profit of $10 billion, but investors anticipated that Google would earn a profit of $11 billion.
3.9 What effect would the following events be likely to have on the price of Google’s stock? a. A competitor launches a search engine that is better than Google’s. b. The corporate income tax is abolished. c. Google’s board of directors becomes dominated by close friends and relatives of its top management. d. The price of wireless Internet connections in developing countries unexpectedly drops, so more and more people world wide use the Internet. e. Google announces a profit of $10 billion, but investors anticipated that Google would earn a profit of $11 billion.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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3.9 What effect would the following events be likely to have on the price of Google’s stock?
a. A competitor launches a search engine that is better than Google’s.
b. The corporate income tax is abolished.
c. Google’s board of directors becomes dominated by close friends and relatives of its top management.
d. The price of wireless Internet connections in developing countries unexpectedly drops, so more and more
people world wide use the Internet.
e. Google announces a profit of $10 billion, but investors anticipated that Google would earn a profit of $11 billion.
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