Question: A stock provides very high returns. Is this an instance of the market acting inefficiently? A. Yes, inefficiencies such as this may also occur when
A stock provides very high returns. Is this an instance of the market acting inefficiently? A. Yes, inefficiencies such as this may also occur when there are periods of very high losses. B. Yes, if information was available after the stock price increases. C. No, unless information that was available to investors should have justified higher valuations of those stocks before their prices increased. D. No, the current market is always efficient.
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