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focus more on underlying determinants of future profitability than the past price movements of a firm's stock. A) Credit analysts B) Fundamental analysts C) Systems

focus more on underlying determinants of future profitability than the past price movements of a firm's stock. A) Credit analysts B) Fundamental analysts C) Systems analysts D) Technical analysts

XYZ has a beta of 1.5. The annualized market return yesterday was 14%, and the risk-free rate is currently 1%. You observe that XYZ had an annualized return yesterday of 20%. Assuming that markets are efficient, this suggests that

A) Bad news about Matthews was announced yesterday. B) Good news about Matthews was announced yesterday. C) No news about Matthews was announced yesterday. D) Interest rates rose yesterday. E) Interest rates fell yesterday.

Pleaser choose the correct answer and justify why it is correct.

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