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What is market efficiency? Which form of market efficiency are we examining with an event study? If the market is efficient, what is the expected

What is market efficiency?

Which form of market efficiency are we examining with an event study?

If the market is efficient, what is the expected stock price reaction to an earnings announcement before day 0, on day 0 and after day 0? (for the stock Procter & Gamble)

Look at the stock price of Procter & Gamble, is the market efficient?

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