A) applies to the entire stock market. B) is diminishing and does not occur every year. C) occurs every year but only in small-company stocks. D) is unaffected by institutional investors. E) is totally offset by the October effect. A) applies to the entire stock market. B) is diminishing and does not occur every year. C) occurs every year but only in small-company stocks. D) is unaffected by institutional investors. E) is totally offset by the October effect.

Exam 8: Stock Price Behaviour and Market Efficiency

Which one of the following items is most apt to be considered material non-public information? Assume that none of this information is known publicly

(Multiple Choice)

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Question 41

The driving forces leading markets to be efficient is:

(Multiple Choice)

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Question 42

Which of the following is not a reason that it is difficult to test market efficiency?

(Multiple Choice)

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Question 43

Which one of the following is false regarding the January effect?

(Multiple Choice)

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Question 44

You would like to know how the market reacts when a Canadian firm acquires a foreign subsidiary. To determine this you could conduct:

(Multiple Choice)

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Question 45

If markets are efficient, asset allocation is important and security selection is important.

(Multiple Choice)

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Question 46

Over the past 5 days, the common stock of Chelsee & Company had daily returns of 0.2, -0.3, -0.7, 0.1, and 0.2 percent, respectively. For the same 5 days, the market had daily returns of 0.2, 0.1, -0.3, 0.0, and 0.3 percent, respectively. What is the cumulative abnormal return on Chelsee stock for this time period?

(Multiple Choice)

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Question 47

The observation that stocks price behaviour is that of a "random walk" is related to the __________ version of the efficient market hypothesis.

(Multiple Choice)

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Question 48

For an investor to consistently "beat the market",

(Multiple Choice)

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Question 49

Which of the following can lead to market efficiency? I. Market timing II. Investor rationality III. Arbitrage IV. Independent deviation from rationality

(Multiple Choice)

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Question 50

If the market is __________ -form efficient, the stock price will react rapidly when relevant news that changes the market expectations concerning a company is announced.

(Multiple Choice)

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Question 51

Stocks A, B and C have the same risks. Stock A earns an annual return of 12% and Stock B and C earn returns of 11%. Stock A

(Multiple Choice)

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Question 52

If the market is efficient, then the cumulative abnormal return should remain close to __________ percent.

(Multiple Choice)

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Question 53

Which day of the week should you expect, on average, to earn the lowest daily rate of return?

(Multiple Choice)

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Question 54

The January effect:

(Multiple Choice)

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Question 55

Immediately following the Crash of 1987, the stock market:

(Multiple Choice)

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Question 56

Approximately how many years did it take for the stock market to recover from the bear market of 1929 to 1932?

(Multiple Choice)

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Question 57

Which one of the following sets of stock prices best illustrates the random walk price theory?

(Multiple Choice)

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Question 58

Which one of the following time periods correctly describes an identified calendar anomaly?

(Multiple Choice)

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Question 59

If you know information about a company that will have a significant effect on the company's stock price once the information is released, you have knowledge that is referred to as __________ information

(Multiple Choice)

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Question 60

Showing 41 - 60 of 113

Which one of the following items is most apt to be considered material non-public information? Assume that none of this information is known publicly

The driving forces leading markets to be efficient is:

Which of the following is not a reason that it is difficult to test market efficiency?

Which one of the following is false regarding the January effect?

You would like to know how the market reacts when a Canadian firm acquires a foreign subsidiary. To determine this you could conduct:

If markets are efficient, asset allocation is important and security selection is important.

The observation that stocks price behaviour is that of a "random walk" is related to the __________ version of the efficient market hypothesis.

For an investor to consistently "beat the market",

Which of the following can lead to market efficiency? I. Market timing II. Investor rationality III. Arbitrage IV. Independent deviation from rationality

If the market is __________ -form efficient, the stock price will react rapidly when relevant news that changes the market expectations concerning a company is announced.

Stocks A, B and C have the same risks. Stock A earns an annual return of 12% and Stock B and C earn returns of 11%. Stock A

If the market is efficient, then the cumulative abnormal return should remain close to __________ percent.

Which day of the week should you expect, on average, to earn the lowest daily rate of return?

The January effect:

Immediately following the Crash of 1987, the stock market:

Approximately how many years did it take for the stock market to recover from the bear market of 1929 to 1932?

Which one of the following sets of stock prices best illustrates the random walk price theory?

Which one of the following time periods correctly describes an identified calendar anomaly?

If you know information about a company that will have a significant effect on the company's stock price once the information is released, you have knowledge that is referred to as __________ information

A Brief History of Risk and Return

Diversification and Risky Asset Allocation

The Investment Process

Overview of Security Types

Mutual Funds

The Stock Market

Common Stock Valuation

Behavioural Finance and the Psychology of Investing

Interest Rates

Bond Prices and Yields

Return, Risk and Security Management

Performance Evaluation and Risk Management

Options

Option Valuation

Futures Contracts

Projecting Cash Flow and Earnings

Corporate Bonds

Government Bonds and Mortgaged-Backed Securities

International Portfolio Investment

Filters

Exam 8: Stock Price Behaviour and Market Efficiency

Which one of the following items is most apt to be considered material non-public information? Assume that none of this information is known publicly

The driving forces leading markets to be efficient is:

Which of the following is not a reason that it is difficult to test market efficiency?

Which one of the following is false regarding the January effect?

You would like to know how the market reacts when a Canadian firm acquires a foreign subsidiary. To determine this you could conduct:

If markets are efficient, asset allocation is __________ important and security selection is __________ important.

The observation that stocks price behaviour is that of a "random walk" is related to the __________ version of the efficient market hypothesis.

For an investor to consistently "beat the market",

Which of the following can lead to market efficiency? I. Market timing II. Investor rationality III. Arbitrage IV. Independent deviation from rationality

If the market is __________ -form efficient, the stock price will react rapidly when relevant news that changes the market expectations concerning a company is announced.

Stocks A, B and C have the same risks. Stock A earns an annual return of 12% and Stock B and C earn returns of 11%. Stock A

If the market is efficient, then the cumulative abnormal return should remain close to __________ percent.

Which day of the week should you expect, on average, to earn the lowest daily rate of return?

The January effect:

Immediately following the Crash of 1987, the stock market:

Approximately how many years did it take for the stock market to recover from the bear market of 1929 to 1932?

Which one of the following sets of stock prices best illustrates the random walk price theory?

Which one of the following time periods correctly describes an identified calendar anomaly?

If you know information about a company that will have a significant effect on the company's stock price once the information is released, you have knowledge that is referred to as __________ information

A Brief History of Risk and Return

Diversification and Risky Asset Allocation

The Investment Process

Overview of Security Types

Mutual Funds

The Stock Market

Common Stock Valuation

Behavioural Finance and the Psychology of Investing

Interest Rates

Bond Prices and Yields

Return, Risk and Security Management

Performance Evaluation and Risk Management

Options

Option Valuation

Futures Contracts

Projecting Cash Flow and Earnings

Corporate Bonds

Government Bonds and Mortgaged-Backed Securities

International Portfolio Investment

Filters

If markets are efficient, asset allocation is important and security selection is important.