Which of the following regarding the S&P 500 inclusion anomaly is FALSE? Group of answer choices a) The share price increases without any fundamental good news about the company. b) Stocks that experience larger demand shocks as a consequence of inclusion also experience larger returns on the announcement. c) Stock price increases on the news of the inclusion in the Index have grown sharply over time as index funds grew. d) Stocks whose returns are harder to replicate experience smaller returns on the announcement.

Which of the following regarding the S&P 500 inclusion anomaly is FALSE? Group of answer choices a) The share price increases without any fundamental good news about the company. b) Stocks that experience larger demand shocks as a consequence of inclusion also experience larger returns on the announcement. c) Stock price increases on the news of the inclusion in the Index have grown sharply over time as index funds grew. d) Stocks whose returns are harder to replicate experience smaller returns on the announcement.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter9: Auditing The Revenue Cycle.

Section: Chapter Questions

Problem 26CYBK

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