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Problem 7 Use the following stock price values to answer the following questions. The stock price based on past price and volume information should be
Problem
Use the following stock price values to answer the following questions. The stock price based on past price and volume information should be $ The value of public information adds $ and the value of private information reduces $
a If the stock market is weakform efficient, what is the stock price?
b If the stock market is semistrong form efficient, what is the stock price?
c If the market is strong form efficient, what is the stock price?
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