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Question 25 (2 points) Highly informationally efficient markets quickly incorporate information (i.e., news and announcements) relevant to determining stock value. The fact that no investor

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Question 25 (2 points) Highly informationally efficient markets quickly incorporate information (i.e., news and announcements) relevant to determining stock value. The fact that no investor can expect to earn abnormal or excess returns based on an investment strategy using all available information (historical, public, and private) is an example of market efficiency. a) weak-form b) super strong-form c) semistrong-form d) semiweak-form e) strong-form

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