The Food and Drug Administration (FDA) Just Announced Yesterday That

question 56

Multiple Choice

The Food and Drug Administration (FDA) just announced yesterday that they would approve a new cancer-fighting drug from King. You observe that King had an abnormal return of 0% yesterday. This suggests that

• A) the market is not efficient.
• B) King stock will probably rise in value tomorrow.
• C) King stock will probably fall in value tomorrow.
• D) the approval was already anticipated by the market.

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Definitions:

Shallow Respirations

Breathing that is abnormally rapid and not deep enough, potentially leading to decreased oxygen intake and buildup of carbon dioxide.

Anesthesia

Medication used to prevent pain during surgery by causing loss of sensation or consciousness.

Conscious Sedation

A medical procedure involving the administration of drugs that reduce consciousness, allowing patients to be comfortable but responsive.

Coronary Artery Bypass

A surgical procedure to improve blood flow to the heart by rerouting blood around clogged arteries.