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    Business
  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 7: The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis
  5. Question
    Your Best Friend Calls and Gives You the Latest Stock
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Your Best Friend Calls and Gives You the Latest Stock

Question 28

Question 28

Essay

Your best friend calls and gives you the latest stock market "hot tip" that he heard at the health club. Should you act on this information? Why or why not?

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No,if this informati...

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