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Which of the following, if it were true, would provide evidence that the stock market is not at least semi-strong form efficient? Investors beating the

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Which of the following, if it were true, would provide evidence that the stock market is not at least semi-strong form efficient? Investors beating the market using illegal tips from CEOs Investors beating the market using information from firms' SEC Filings Investors not being able to beat the market using historical trading data Actively managed mutual funds failing to systematically beat the market O Stock prices reacting very quickly to new information about a firm's earnings

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