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9) Based on the efficient market hypothesis, a stock's abnormal return at Time t is an indicator of: a. semistrong form inefficiency. b. cumulative market

9)

Based on the efficient market hypothesis, a stock's abnormal return at Time t is an indicator of:

a. semistrong form inefficiency.

b. cumulative market expectations.

c. a release of information at Time t.

d. conservatism.

e. weak form inefficiency.

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