A News Release Stating That an Ottawa fiRm Is Going

question 277

Multiple Choice

A news release stating that an Ottawa firm is going to do a seasoned offering generally tends to cause the stock price of that firm to:

• A) Increase.
• B) Decrease.
• C) Remain constant.
• D) Respond but the direction of the response is not predictable as shown in past studies.
• E) Decrease momentarily and then immediately increase substantially within the hour.

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Definitions:

Philippine War

American military campaign that suppressed the movement for Philippine independence after the Spanish-American War; America’s death toll was over 4,000 and the Philippines’ was far higher.

Filipino Independence

The state of being free from Spanish, American, and Japanese rule, officially recognized for the Philippines on July 4, 1946.

Women's Era

A period during the late 19th and early 20th centuries characterized by significant advancements in women's rights, including suffrage and increased participation in public life.

Alfred T. Mahan

A United States naval officer and historian whose theories on the importance of sea power influenced naval strategies around the world in the late 19th and early 20th centuries.