Question
If the stock price of a target company jumps up when the acquisition of the company is announced, the market _____. is semistrong efficient is
If the stock price of a target company jumps up when the acquisition of the company is announced, the market _____.
is semistrong efficient
is strong form efficient
cannot be strong form efficient
cannot be semistrong efficient
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
