____ are not a firm-specific factor that affect stock prices.
A) Exchange rates
B) Dividend policy changes
C) Acquisitions and divestitures
D) Earnings surprises
E) All of the above are firm-specific factors that affect stock prices.

Question

Quizplus · Accepted Answer

Exchange rates are not specific to any one firm and affect all firms in the same way, therefore they are not considered a firm-specific factor that affects stock prices. The other choices (B, C, D) are firm-specific factors as they directly relate to the actions and performance of individual firms.

____ Are Not a Firm-Specific Factor That Affect Stock Prices