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1A. If you believe in the ________ form of the EMH, you believe that stock prices reflect all relevant information, including historical stock prices and

1A. If you believe in the ________ form of the EMH, you believe that stock prices reflect all relevant information, including historical stock prices and current public information about the firm, but not information that is available only to insiders.

semistrong

strong

weak

All of the options are correct.

None of the options are correct.

1B.

Which one of the following statements regarding orders is false?

A limit-sell order is where investors specify prices at which they are willing to sell a security.

A market order is simply an order to buy or sell a stock immediately at the prevailing market price.

If stock ABC is selling at $50, a limit-buy order may instruct the broker to buy the stock if and when the share price falls below $45.

A market order is an order to buy or sell a stock on a specific exchange (market).

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