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Zade purchased BBC stock expecting the price to rise 15% in the coming year. After one year, BBC stock has actually moved up by 30%,
Zade purchased BBC stock expecting the price to rise 15% in the coming year. After one year, BBC stock has actually moved up by 30%, due primarily to new information released during the year concerning unexpectedly higher sales. Which of the following describes this result? This is not a violation of semi-strong form efficiency This is not a violation of weak-form efficiency This is a violation of weak-form efficiency This is a violation of semi-strong form efficiency
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