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Consider each statement independently. Which of the statements would likely indicate a violation of the weak-form of EMH? [I] Stocks with large positive abnormal returns
Consider each statement independently. Which of the statements would likely indicate a violation of the weak-form of EMH? [I] Stocks with large positive abnormal returns from t-1 to t tend to experience positive abnormal returns from t to t + 1. [II] Stocks with large negative abnormal returns from t-1 to t tend to experience negative abnormal returns from t to t + 1.
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