Following a shock to a firm's intrinsic value, the share price will slowly but surely approach that

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Following a shock to a firm's intrinsic value, the share price will slowly but surely approach that new intrinsic value. Is this view characteristic of a technical analyst or a believer in efficient markets? Explain.
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Essentials of Investments

ISBN: 978-0078034695

9th edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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