Question
If a company insider uses all of her knowledge about the company stock and still has no advantage in the marketplace over outside investors, the
If a company insider uses all of her knowledge about the company stock and still has no advantage in the marketplace over outside investors, the market has to be:
Multiple Choice
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Strong form efficient.
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Weak form efficient.
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Semi-strong form efficient.
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Overpriced.
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Underpriced.
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Global Corporate Finance A Focused Approach
Authors: Kenneth Kim, Suk Kim
3rd Edition
9811207119, 9789811207112
