Multiple Choice
According to the semistrong form of market efficiency, when new information becomes available in the market, the related stock prices will:
A) remain unchanged because they already reflect this information.
B) accurately and rapidly adjust to include this new information.
C) adjust to accurately reflect this new information over the course of the next few days.
D) most likely increase because all new information has a positive effect on stock prices.
Correct Answer:
Verified
Correct Answer:
Verified
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