Patell and Woflson (1984) Report That Most of the Stock-Price

question 2

Multiple Choice

Patell and Woflson (1984) report that most of the stock-price response to corporate dividend or earnings announcements occurs within ____________ of the announcement.

• A)10 minutes
• B)45 minutes
• C)2 hours
• D)4 hours

---

Definitions:

Body Image

An individual's perception and feelings about their body's appearance and functionality.

Carcinogenic

Substance or exposure that is known to have the potential to cause cancer in living tissue.

Gonorrhea

A sexually transmitted infection caused by the bacterium Neisseria gonorrhoeae, characterized by discharge from the genitals and, if left untreated, can lead to serious health complications.

Treponema Pallidum

The bacterium that causes syphilis, a sexually transmitted infection that can have serious health consequences if not treated.