One Implication of the Efficient Markets Hypothesis Is That Stock

question 53

True/False

One implication of the efficient markets hypothesis is that stock prices do not follow a random walk.

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Definitions:

Discharge

(1) The termination of an obligation, such as occurs when the parties to a contract have fully performed their contractual obligations. (2) The termination of a bankruptcy debtor’s obligation to pay debts.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, to the person possessing it.

Intelligence

The ability to acquire and apply knowledge and skills, or information gathered for analysis in contexts such as security or business.

Authorized Agent

An individual or entity that is officially permitted to act on behalf of another person or organization.