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Most tests of semistrong - form efficiency are _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice designed to test whether

Most tests of semistrong

-

form efficiency are

__________

blank.

Multiple Choice

designed to test whether inside information can be used to generate abnormal returns

based on technical trading rules

unable to generate any evidence of market anomalies

joint tests of market efficiency and the risk

-

adjustment measure

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