Multiple Choice
QQAG just announced yesterday that its fourth quarter earnings will be 35% higher than last year's fourth quarter.You observe that QQAG had an abnormal return of -1.7% yesterday.This suggests that
A) the market is not efficient.
B) QQAG stock will probably rise in value tomorrow.
C) investors expected the earnings increase to be larger than what was actually announced.
D) investors expected the earnings increase to be smaller than what was actually announced.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: On November 22, the stock price of
Q13: In an efficient market the correlation coefficient
Q14: Proponents of the EMH typically advocate<br>A)buying individual
Q15: _ focus more on past price movements
Q16: Chartists practice<br>A)technical analysis.<br>B)fundamental analysis.<br>C)regression analysis.<br>D)insider analysis.
Q18: Music Doctors has a beta of 2.25.The
Q19: A common strategy for passive management is<br>A)creating
Q20: _ above which it is difficult for
Q21: The weather report says that a devastating
Q22: The main difference between the three forms