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2. If markets are semi-strong form efficient, when new information about a stock becomes available, the price will: (a) (b) Most likely increase because all
2. If markets are semi-strong form efficient, when new information about a stock becomes available, the price will: (a) (b) Most likely increase because all new information has a positive effect on stock prices. Adjust to accurately reflect this new information over the course of the next few days. Accurately and rapidly adjust to include this new information. Remain unchanged because it already reflects this information. (d)
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