Patell and Wolfson Show That Most of the Stock Price

question 33

Multiple Choice

Patell and Wolfson show that most of the stock price response to corporate dividend or earnings announcements occurs

• A)within 10 hours of the announcement.
• B)within 10 days of the announcement.
• C)within 10 minutes of the announcement.
• D)within 10 seconds of the announcement.

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Definitions:

Nucleus Accumbens

A region in the brain involved in the reward circuit, associated with pleasure, addiction, and fear reactions.

Hippocampus

A region of the brain associated with memory formation, organization, and storage.

Amygdala

A structure in the brain involved in emotion regulation, especially emotions related to survival such as fear and aggression.

Pons

A part of the brainstem that plays a key role in controlling breathing, communication between different parts of the brain, and sensations such as hearing, taste, and balance.