Question
Which of the following are violations of weak-form EMH? I. A positive correlation of asset returns over time II. An inability to predict asset price
Which of the following are violations of weak-form EMH?
I. A positive correlation of asset returns over time
II. An inability to predict asset price movements
III. Asset prices frequently being up on Friday and down on Monday
Answer Choices:
A) I and III
B) I and II
C) III only
E) I only
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
10th Global Edition
0273765736, 978-0273765738
