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 In recent years, it has been common for companies to experience significant sto

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 In recent years, it has been common for companies to experience significant stock price changes in reaction to announcements of massive layoffs. Critics charge that such events encourage to fire longtime employees and that Wall Street is cheering them on. Do you agree or disagree? 
 
*Practice Exercise
Chap 13: 2; 5, 7
Chap 14: 3; 4,
5 (under Questions and Problems) 

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