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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Question
Transcribed Image Text:K
Use the figure for the question(s) below.
Zoom: 1d 5d 1m 3m 6m YTD 1y 5y 10y Man
Dec 2007
Mur
Jan 2008
2007
m
OA. May 2008
OB. February 2008
O C. March 2008
O D. April 2008
Feb 2008
Dec 03, 2007
Mar 2008
- Jun 04, 2008 -3.21 (-16.55%)
Apr 2008
2008
May 2008
470
27
20
18
19
14
3
The above screen shot from Google Finance shows the price history of Progenics, a pharmaceutical company. In
the time period shown, Progenics released information that an intravenously-administered formulation of their
leading product had failed in a Phase III clinical trial. In which of the months shown in the price history is this most
likely to have occurred?
10
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