If an Asset Market Is Not Weakly Efficient, Then It

question 26

Multiple Choice

If an asset market is not weakly efficient, then it cannot be

• A) semi-strongly efficient.
• B) strongly efficient.
• C) both of the above.
• D) neither of the above.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them certain rights like voting on corporate affairs.

Tax Rate

The chunk of financial earnings a corporation or individual pays as tax.

Depreciation Expense

Breaking down the cost of a hard asset over its life of utility.

Comprehensive Income

A measure of all changes in equity of an enterprise during a period, except those resulting from investments by and distributions to owners.