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Is each of the following statement true or false? Briefly explain your answers. Stocks with larger market capitalization (market capitalization is equal to total number

Is each of the following statement true or false? Briefly explain your answers.

Stocks with larger market capitalization (market capitalization is equal to total number of a companys outstanding shares multiplied by the stock price.) pay higher dividends. This observation contradicts the semi-strong form of efficient market hypothesis.

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