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1.An over-reaction to news in the stock price followed by a reversal is consistent with: a.Arbitrage b.Representativeness 2. If market are efficient then the Royal

1.An over-reaction to news in the stock price followed by a reversal is consistent with:

a.Arbitrage

b.Representativeness

2. If market are efficient then the Royal Dutch and Shell 60-40 Price Ratio Deviations should equal:

a.0%

b.-10%

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