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    Corporate Finance Study Set 1
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    Exam 14: Efficient Capital Markets and Behavioral Challenges
  5. Question
    Market Efficiency Says
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Market Efficiency Says

Question 40

Question 40

Multiple Choice

Market efficiency says:


A) prices may not reflect underlying value.
B) a good financial manager can time stock sales.
C) managers may profitably speculate in foreign currency.
D) managers cannot boost stock prices through creative accounting.
E) None of these.

Correct Answer:

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