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1. Insider information has some value under the semi-strong form of Efficient Market Hypothesis. [ True / False ] 2. In reality, it is sometimes
1. Insider information has some value under the semi-strong form of Efficient Market Hypothesis. [ True / False ] 2. In reality, it is sometimes difficult to (clearly) distinguish between systematic risk vs. unsystematic risk of assets. [ True / False] 3. For a positive-NPV project, its payback period is always shorter than the economic life of that project. [ True / False ]
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