Flukey Gold Mines Makes an Unexpected Announcement Regarding Gold Production

question 38

Multiple Choice

Flukey Gold Mines makes an unexpected announcement regarding gold production at 2 pm.Shares of the company were traded at 12 pm,2.10 pm,2.30 pm and 4 pm.If the market for Flukey Gold Mines' shares is efficient,then at which trade will the newly established share price fully reflect the new information?

• A)12 pm.
• B)2.10 pm.
• C)2.30 pm.
• D)4 pm.

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Definitions:

Innate

Describes characteristics or abilities that are present in an organism from birth, not acquired or learned through experience.

Empirical Method

A way of gaining knowledge through direct and indirect observation or experience.

Observation of Phenomena

The act of carefully watching, noting, and analyzing occurrences or facts in the natural world to gain understanding or develop hypotheses.

Feminist Psychology

An approach within psychology that focuses on studying and addressing the inequalities women face and the unique aspects of female psychology, often emphasizing the societal, cultural, and political factors that influence women's lives and mental health.