answer key for introduction to financ

LCULOH 11. (LO 12.6) What type of market efficiencynone, weak, semi- strong, or strongis reflected in each of the following statements? a. I know which stocks are going to rise in value by looking at their price changes over the past two weeks. b. Returns earned by company officers trading their own firm's stock are no higher than those of other investors. c. If a firm announces lower-than-expected earnings, you know the price will fall over a few days. d. By the time I heard the news about the dividend increase, the stock had already risen by a substantial amount. e. Whatever the stock market does in January, it will continue to move in that direction for the rest of the year. f. As soon as the chair of the Federal Reserve testified to Congress about future monetary policy, interest rates rose and stock prices dropped