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With respect to efficient markets, a company whose share price reacts slowly to the public release of its annual report most likely indicates that the
With respect to efficient markets, a company whose share price reacts slowly to the public release of its annual report most likely indicates that the market where the company trades is:
A. Strong-form efficient. B. Subject to behavioral biases. C. None of the other answers. D. Semistrong-form efficient.
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