Question: 9) Based on the efficient market hypothesis, a stock's abnormal return at Time t is an indicator of: a. semistrong form inefficiency. b. cumulative market
9)
Based on the efficient market hypothesis, a stock's abnormal return at Time t is an indicator of:
a. semistrong form inefficiency.
b. cumulative market expectations.
c. a release of information at Time t.
d. conservatism.
e. weak form inefficiency.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
