The CEO of Fly Corporation decides to change an accounting method at the end of the current year. The change results in reported profits increasing by 5%, but the company's cash flows are not changed. If capital markets are efficient, then what would happen to the company stock price? Justify your answer with logical arguments
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The CEO of Fly Corporation decides to change an accounting method at the end of the current year. Th...
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Mathematics, 26.06.2019 20:50
