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Question
A lady bought 100 shares of a leading diamond mining company with an expected return of 20 percent per year. The following day the company's president announced a major new discovery in Arkansas. The stock price immediately doubled. This scenario probably best illustratesa. weak form EMH is not valid.
b. semi-strong form of EMH is not valid.
c. market prices are random.
d. the lady was lucky.
Answer
This answer is hidden. It contains 1 characters.
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