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An Investor Finds That for a Particular Group of Shares,large

Question 54

Multiple Choice

An investor finds that for a particular group of shares,large positive price changes are always followed by large negative price changes.This finding violates:


A) the strong form of the efficient market hypothesis.
B) the semi-strong form of the efficient market hypothesis.
C) the weak form of the efficient market hypothesis.
D) none of the given choices.

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