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An Investor Discovers That for a Certain Group of Stocks,large

Question 18

Multiple Choice

An investor discovers that for a certain group of stocks,large positive price changes are always followed by large negative price changes. This finding is a violation of the:


A) moderate form of the efficient market hypothesis.
B) semistrong form of the efficient market hypothesis.
C) strong form of the efficient market hypothesis.
D) weak form of the efficient market hypothesis.
E) None of these.

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