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While looking at the historical stock returns of companies that have undergone mergers, you notice that the prices of the acquired companies have already started

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While looking at the historical stock returns of companies that have undergone mergers, you notice that the prices of the acquired companies have already started climbing up in the days prior to the announcement of the merger. This finding violates of the efficient markets hypothesis. Multiple Choice no form the strong form O the semi-strong form all forms the weak form

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