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Figure 2. 1-year DIVIDEND GROWTH vs D/P This is the picture from Page 29 of Lecture 11. According to this picture, the stock market is

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Figure 2. 1-year DIVIDEND GROWTH vs D/P This is the picture from Page 29 of Lecture 11. According to this picture, the stock market is of semi-strong form efficient for short-term investors. True False

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