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ikadub [295]
3 years ago
9

Kevin analyzes the quarterly earnings statements of some fifty obscure small-cap stocks. He then buys according to the earnings

pattern disclosed. If he can generate consistent abnormal returns in this manner then this is a failure of:_______.
a) weak form efficiency.
b) semi-strong form efficiency.
c) strong form efficiency.
d) all of the above.
e) none of the above.
Business
1 answer:
mamaluj [8]3 years ago
6 0

Answer:

Semi-strong form efficiency.

Explanation:

Semi-strong form efficiency contends that security prices have factored in publicly-available market and that price changes to new equilibrium levels are reflections of that information. It is considered the most practical of all Efficient Market Hypothesis(EMH) hypotheses but is unable to explain the context for material nonpublic information (MNPI). It concludes that neither fundamental nor technical analysis can be used to achieve superior gains and suggests that only MNPI would benefit investors seeking to earn above average returns on investments.

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Answer:

See below

Explanation:

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3 years ago
Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man
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Answer:

Cash Dr 10975  

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Explanation:

The journal entry is shown below;

Cash Dr 10975  

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3 years ago
The difference between the actual amount paid and the standard price paid to purchase an item is called a
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Purchase Price Variance (PPV)

Explanation:

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Answer:

The correct answer is: emotional intelligence.

Explanation:

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