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Question 8 (3 points) Saved Linda just saw a news conference on TV announcing that ARWR Pharmaceuticals is receiving approval from the FDA for the

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Question 8 (3 points) Saved Linda just saw a news conference on TV announcing that ARWR Pharmaceuticals is receiving approval from the FDA for the marketing of a new drug. The product is expected to be a breakthrough for the firm. Linda immediately instructed her broker to buy 500 shares of ARWR's stock. If our stock market follows the weak form of informational efficiency, it is highly likely that Linda can beat the market. O O True False

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