MCQOPTIONS
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| 1. |
If the market is _______, the period after a favorable (unfavorable) event would not generate returns beyond (less than) what is suggested by an equilibrium model such as CAPM |
| A. | Semi strong form efficiency |
| B. | Weak-form efficiency |
| C. | Strong form efficiency |
| D. | none |
| Answer» B. Weak-form efficiency | |