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    Investment Analysis and Portfolio Management Study Set 1
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    Exam 5: Efficient Capital Markets, Behavioral Finance, and Technical Analysis
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    Which of the Following Has NOT Been Involved in a Direct
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Which of the Following Has NOT Been Involved in a Direct

Question 105

Question 105

Multiple Choice

Which of the following has NOT been involved in a direct test of the semi-strong form of the efficient market hypothesis?


A) stock splits
B) new Issues
C) exchange listing
D) accounting changes
E) NYSE specialists' returns

Correct Answer:

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