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Implications of Efficient Markets: The president of Food Fortunes Inc., states at a press conference that the company has a 30-year history of ever-increasing dividend

Implications of Efficient Markets: The president of Food Fortunes Inc., states at a press conference that the company has a 30-year history of ever-increasing dividend payments. Good Fortunes is widely regarded as one of the best-run firms in its industry. Does this make the firms stock a good buy? Explain.

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