Your best friend works in the finance office of the Delta Corporation.You are aware that this friend trades Delta stock based on information he overhears in the office.You know that this information is not known to the general public.Your friend continually brags to you about the profits he earns trading Delta stock.Based on this information,you would tend to argue that the financial markets are at best ________ form efficient.
A) weak
B) semistrong
C) semiweak
D) strong
E) perfect
Correct Answer:
Verified
Q14: If the market is fully efficient,then an
Q15: Which of the following tend to reinforce
Q16: What does weak form efficiency imply?
A)Portfolio diversification
Q17: Markets tend to be efficient when
A)arbitrage is
Q18: The U.S.Securities and Exchange Commission periodically charges
Q20: The efficient market hypothesis implies that
A)all investments
Q21: The principle that investors slowly adjust their
Q22: Which one of these would generally be
Q23: Serial correlation
A)indicates a reversal in the direction
Q24: If markets are strong-form efficient,then event studies
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