What type of market efficiencynone, weak, semi-strong, or strongexists under each of the following statements? a) I
Question:
a) I know which stocks are going to rise in value by looking at their price changes over the past two weeks.
b) Returns earned by company officers trading their own firm’s stock are no better than those of other investors.
c) If a firm announces lower-than-expected earnings, you know the price will fall over the next quarter.
d) By the time I heard the news about the dividend increase the stock had already risen by a substantial amount.
e) Whatever the stock market does in January, it will continue to move in that direction for the rest of the year.
f) As soon as the chairman of the Federal Reserve give his testimony to Congress about future monetary policy, interest rates rose and stock prices dropped.
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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