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Assume a Corporation Announces a 75% Increase in Profits

Question 87

Multiple Choice

Assume a corporation announces a 75% increase in profits. This would likely lead to an increase in the:


A) supply of the stock and its equilibrium price.
B) demand for the stock and its equilibrium price.
C) supply of the stock and a decrease in its equilibrium price.
D) demand for the stock and a decrease in its equilibrium price.

Correct Answer:

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