abnormal profits

Project Description:

) for each of the following scenarios, discuss whether abnormal profit opportunities exist from trading in the stock of the firm in the semi-strong form efficient market.

a. the stock price has risen steadily each day for the past 30 days.

b. the newest quarterly reports for a company were released three days ago, and you just uncovered some anomalies in the company’s financial reporting that may boost the firm’s earnings.
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