French (1980) showed that a daily index of US share prices over the period 1953-77 showed that average returns on:
A) Mondays were negative while average returns on Fridays were positive.
B) Mondays were positive while average returns on Fridays were negative.
C) Mondays were negative while average returns on Thursdays were positive.
D) Mondays were positive while average returns on Thursdays were negative.
Correct Answer:
Verified
Q3: If fund managers display superior investment performance,it
Q4: A weak-form efficient market can best be
Q5: Tests of return predictability are designed to:
A)detect
Q6: Which of the following results may be
Q7: Company insiders of XYZ consistently purchase shares
Q9: Which of the following statements about market
Q10: There are incentives for investors to seek
Q11: An investment strategy in which the tax
Q12: Returns greater or less than those which
Q13: Gold Ltd made an unexpected announcement at
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