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QUESTION 11 Which of the following results may be inconsistent with semi-strong form market efficiency? O None of the given options. O Share returns follow

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QUESTION 11 Which of the following results may be inconsistent with semi-strong form market efficiency? O None of the given options. O Share returns follow a predictable trend after a profit announcement. O Abnormal returns are not detected around profit announcements. O Share prices react instantaneously to profit announcements

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