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Which of the Following Events Does Not Support Semi-Strong-Form Efficiency

Question 10

Multiple Choice

Which of the following events does not support semi-strong-form efficiency?


A) IPO shares bought shortly after the initial trades.
B) Buying shares of companies involved in stock splits after the announcements were made.
C) Buying shares on momentum trades picking star performers for the last six to 12 months.
D) Buying shares of companies after they have had surprise dividend announcements.

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