Ask Question
15 July, 18:46

Suppose that interest rates unexpectedly rise and that Carter Corporation announces that revenues from last quarter were down but not as much as the public had anticipated they would be down. According to the efficient markets hypothesis, which of the these things make the price of Carter Corporation Stock fall? a. both the interest rate rising and the revenue announcement b. neither the interest rate rising nor the revenue announcement c. only the interest rate rising d. only the revenue announcement

+3
Answers (1)
  1. 15 July, 20:39
    0
    c. only the interest rate rising

    Explanation:

    According to the efficient markets hypothesis, an increase in the interest rate makes the price of stocks to fall in a firm.

    Hence, Carter Corporation Stock fell as a result of the interest rate rising.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that interest rates unexpectedly rise and that Carter Corporation announces that revenues from last quarter were down but not as ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers