Which of the following statement contradicts or supports the market efficiency. Please select the answers from the dropdown menu: contradicts weak form inefficiency contradicts semi-strong form inefficiency, contradicts strong form inefficiency, supports market efficiency. (3 marks in total) The stock of an acquired firm tends to appreciate in the period immediately after the merger announcement. Choose... Investor Jax makes abnormal returns by performing technical analysis of historical stock returns. Choose... Contradicts strong form efficiency Contradicts weak form efficiency There is a positive relationship between the return on the market in one quarter and the change in aggregate profits in the next quarter. The pension fund managers on average do not make superior return than the market. Supports market efficiency Contradicts semi strong form efficiency Managers make superior returns on purchases of their company's stock Gold price jumped up after an unexpected recent devastation explosion in Beirut Choose... Stock price of Zoom soars from $100 to over $300 during the COVID-19 pandemic Choose... Tax-exempt municipal bonds offer lower pre-tax returns than taxable government bonds Choose... Very risky stocks on average give higher returns than safe stocks. Choose... The hedge fund managers make superior return because they take huge risks Choose. There is some evidence that stocks that have appreciated unusually in the recent past continue to do so in the future Choose Stocks of companies with unexpected high earnings appear to offer high returns for several months after the earnings announcement, Choose