If BP Develops a Fuel That Eliminates Noxious Emissions but Costs

question 141

Multiple Choice

If BP develops a fuel that eliminates noxious emissions but costs the same as gasoline, the efficient market hypothesis predicts that

• A)the stock prices of companies building emissions-testing equipment will rise.
• B)all fuel company stock prices will rise.
• C)the prices of all fuel company stocks except BP stocks will rise.
• D)BP's stock price will rise immediately.
• E)BP's stock price will not change.

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