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Sedbober [7]
4 years ago
6

Based on the semi-strong form of the efficiency market theory, an investor reacting immediately to a news flash on the televisio

n generallyA) can make an abnormal profit.B) is guaranteed to make a reasonable profit.C) is too late to make an exceptional profit.D) will suffer a loss.
Business
1 answer:
natita [175]4 years ago
6 0

Answer: Based on the semi-strong form of the efficiency market theory, an investor reacting immediately to a news flash on the television generally <u>" C) is too late to make an exceptional profit. ".</u>

<u />

Explanation: This happens because this theory considers that any news or future event that may affect the price of an asset, will make the price adjust so quickly, that it is impossible to obtain an economic benefit from it.

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