Question: T/F 1. A weakly efficient capital market is one in which stock prices fully reflect available information. 2. Efficient markets suggests that short-term price changes

T/F 1. A weakly efficient capital market is one in which stock prices fully reflect available information. 2. Efficient markets suggests that short-term price changes follow a unpredictable walk. 3. The (no)arbitrage principle states there are absolutely no profitable arbitrage strategies in efficient markets.

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