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Question
Suppose that over the last 10 to 15 years significantly large numbers of investors have been able to earn abnormal returns from using the firm's publicly available financial information to forecast growth in earnings and dividends. This would be evidence that the markets are not:
I. weak form efficient
II. semi-strong form efficient
III. strong form efficient
A. I only
B. I and II only
C. III only
D. II and III only
E. I, II, and III
Answer
This answer is hidden. It contains 1 characters.
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