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7. What should equity traders do if the PEAD anomaly in question 6 represents mispric- ing? (a) Short-sell stocks with positi(e INUL UvuyII MONTIVII 6. A famous anomaly in stock returns is the Post-earnings announcement drift (the PEAD anomaly). ThePlease answer question 7

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The perfect answer would be d) Buy stocks with positive earning announcement surprise and sell stocks with negative earning announcement suprises

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