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QUESTION 13 Which of the following statements about market efficiency is false? a. A firm earned...

QUESTION 13

Which of the following statements about market efficiency is false?

a. A firm earned income 55% higher than the earnings of the previous year.

b. Market efficiency can be assessed using the time it takes for the information regarding trade activity to be reflected in the prices of equity securities.

c. Semistrong form of market efficiency assume that all public information are already reflected in the prices of assets.

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Answer #1

Which of the following statements about market efficiency is false?

Answer: Option [a] A firm earned income 55% higher than the earnings of the previous year.

Explanation:

A firm's earnings has nothing to do with market efficiency.

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