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Stock prices fluctuate daily. In relation to the efficient market hypothesis, these fluctuations are: consistent with the strong form because prices and information are controlled
Stock prices fluctuate daily. In relation to the efficient market hypothesis, these fluctuations are:
consistent with the strong form because prices and information are controlled by insiders. | |
consistent with the semistrong form because new information arrives daily. | |
consistent with all forms of market efficiency provided the prices do fluctuate on a daily basis. | |
inconsistent with all forms of market efficiency. | |
inconsistent with the semistrong form of efficiency because prices should be stable. |
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