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QUESTION ,15 Semistrong market efficiency is described in all of the following except: a. ln a semistrong market, efforts to analyze financial market and financial
QUESTION ,15
Semistrong market efficiency is described in all of the following except:
a. ln a semistrong market, efforts to analyze financial market and financial statement data are futile.
b.An investor cannot achieve positive risk-adjusted returns on averages using fundamental analysis.
c. Higher growth than expected earnings announced by a company, results in an increase in the price of the shares weeks after such announcement.
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