Question: [Implications of adjusting for grimed media conditions, Assume that new information armed affecting all aspects of the economy
a. Under standard research procatuna„ using a model such as the capital :eta pricing model to test for market reaction, what would the results show?
b. What does this imply about the nature of conclusions that can be drawn from amen market studies?
c. Can you think of any (mandated) accounting standards that may have had pervasive effect many scams of the economy?