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a) A stock market analyst is able to identifymispricedstocks by comparing the average price for the last 10 days to the average price for the
a) A stock market analyst is able to identifymispricedstocks by comparing the average price for the last 10 days to the average price for the last 60 days. If this is true, what do you know about the markets efficiency? Is it Strong, Semi-Strong or Weak form of efficient?
b) If a market is semi-strong form of efficient, is it also week form efficient? Explain.
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