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Use the foliowing table to determine whether each scenario is representative of weak-form, semistrong-form, or strong-form stock market efficiency. Scenario Megan notices that Ford Motor

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Use the foliowing table to determine whether each scenario is representative of weak-form, semistrong-form, or strong-form stock market efficiency. Scenario Megan notices that Ford Motor Company's stock is trading at $11.50 the day before it is scheduled to release its financial data for the quarter. Suppose Fox News nuns a segment the night before Ford Motor Company plans to announce its financial data and claims that Ford Motor Company has had a down quarter due to the change in tariff policies, and as a result, Megan decides to short a large amount of stock. Once trading opens the next day, Ford Motor Company's stock falls to $9.06 but then rises to $13.37 once their financial announcement is made. Raphael, a chief people officer of a public video game company, believes that the firm will begin to gain customers due to several top secret product releases that he knows are going to be successful, As a result of gaining customers, Raphael believes that revenues will increase substantially over the next few years. Raphael decides to buy stock in the company in order to benefit from what he thinks will be a huge stock price increase in the coming months. Unfortunately for Raphael, when the products release, the stock price remains where it was, despite the customer's love for the products. Larry notices Google's stock continuously decreases in value on Mondays and increases in value on Fridays. He thinks he can profit by purchasing the stock at the beginning of the week and selling it at the end of the week, but when he does, Google's stock does not actually increase on Friday

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