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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
    A Phenomenon Closely Related to Market Overreaction Is
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A Phenomenon Closely Related to Market Overreaction Is

Question 23

Question 23

Multiple Choice

A phenomenon closely related to market overreaction is


A) the random walk.
B) the small-firm effect.
C) the January effect.
D) excessive volatility.

Correct Answer:

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