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Suppose the market is semi-strong form efficient. Can you expect to earn excess returns if you make trades based on: Your brokers information about record
- Suppose the market is semi-strong form efficient. Can you expect to earn excess returns if you make trades based on:
- Your brokers information about record earnings for a stock? Explain.
- Rumors about a merger of a firm? Explain.
- Yesterdays announcement of a successful new product test? Explain.
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