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After the public announcement of the merger of two firms an investor makes abnormal returns by going long on the target firm and short on

After the public announcement of the merger of two firms an investor makes abnormal returns by going long on the target firm and short on the acquiring firm. This most likelyviolates which form of market efficiency?A. Semi-strong form only B. Weak and semi-strong forms C. Semi-strong and strong formsD. Weak form only

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