Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: sammy on Jul 10, 2018
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The bid-asked spread is much lower for currencies that are infrequently traded in order to
compensate banks for providing the service.
Indicate whether the statement is true or false
Question 2
Dew Drop In, Inc. announces is quarterly dividend will increase from 3.80 to 4.00. After the
announcement, the price of Dew Drop In, Inc.'s stock drops. The most likely explanation is that
A) investors are irrational.
B) the stock market is a perfect market.
C) Dew Drop In, Inc.'s debt ratio decreased.
D) investors were expecting a larger increase.
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Answer to Question 1
FALSE
Answer to Question 2
D