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An Investor Discovers That for a Certain Group of Shares,large

Question 31

Multiple Choice

An investor discovers that for a certain group of shares,large positive price changes are always followed by large negative price changes.This finding is a violation of the:


A) semi-strong form of the EMH.
B) the moderate form of the EMH.
C) the strong form of the EMH.
D) the weak form of the EMH.

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