What is the main point of the efficient market hypothesis (EMH)? New information can be predicted by
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What is the main point of the efficient market hypothesis (EMH)?
New information can be predicted by following a reliable news source (i.e., MSNBC).
Stock prices quickly reflect new information.
Stock price movements can be predicted.
Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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