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Which of the Following Is NOT a Conclusion of Capital

Question 7

Multiple Choice

Which of the following is NOT a conclusion of capital markets research? @Feedback - Learning Objective 8.3 Outline the relationship between accounting measures of financial performance and share prices.


A) Accounting earnings are poor measures of relevant events that are incorporated into share price
B) Investors react more quickly to bad news than to good
C) Accounting information is not used by investors
D) Forecasts of future performance are core to valuation

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