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True or False: In the paper Maloney and Mulherin (2003) The complexity of price discovery in an efficient market: the stock market reaction to the
True or False: In the paper Maloney and Mulherin (2003) "The complexity of price discovery in an efficient market: the stock market reaction to the Challenger crash", the authors find that Morton's stock price experienced a large drop shortly after the Challenger crash. The authors conclude that the market identified Morton was responsible for the Challenger crash. This finding supports that the stock market is efficient
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