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A finding that would provide evidence against the semistrong form of the EMH. Eamings announcement reactions take considerable time. Technical analysis is worthless in determining

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A finding that would provide evidence against the semistrong form of the EMH. Eamings announcement reactions take considerable time. Technical analysis is worthless in determining stock prices. Insiders can earn abnormal return using private information. Money managers do not outperform the market as a whole

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