CG hypothesize that non-tech companies were not expected to benefit from the tech revolution. However, we know now that improvements in technology had a substantial impact in all sectors of the economy.. In hindsight, the run up in the Dow Jones Index observed in the late 1990s was not really a bubble. Do you agree with this conclusion? Select one: O a. Yes, stock prices usually reflect news of future fundamentals. O b. No, this is an ex-post evidence. O c. Can't say. It depends on the information that was available to market participants. Clear my choice
CG hypothesize that non-tech companies were not expected to benefit from the tech revolution. However, we know now that improvements in technology had a substantial impact in all sectors of the economy.. In hindsight, the run up in the Dow Jones Index observed in the late 1990s was not really a bubble. Do you agree with this conclusion? Select one: O a. Yes, stock prices usually reflect news of future fundamentals. O b. No, this is an ex-post evidence. O c. Can't say. It depends on the information that was available to market participants. Clear my choice
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
Problem 1PS
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Transcribed Image Text:CG hypothesize that non-tech companies were not expected to benefit from the tech revolution. However, we know now that improvements in technology had a
substantial impact in all sectors of the economy.. In hindsight, the run up in the Dow Jones Index observed in the late 1990s was not really a bubble. Do you agree
with this conclusion?
Select one:
O a. Yes, stock prices usually reflect news of future fundamentals.
O b. No, this is an ex-post evidence.
O c. Can't say. It depends on the information that was available to market participants.
Clear my choice
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