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Question 52 pts A market's prices reflect all publicly available information and the prices instantly change to reflect new public information. This market reflects ___.

Question 52 pts

A market's prices reflect all publicly available information and the prices instantly change to reflect new public information. This market reflects ___.

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the weak-form efficient-market hypothesis.

the semi-weak-form efficient-market hypothesis.

the semi-strong-form efficient-market hypothesis.

the strong-form efficient-market hypothesis.

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