Assuming Semi- Strong Form Efficiency,which of the Following Statements Is

question 28

Multiple Choice

Assuming semi- strong form efficiency,which of the following statements is incorrect?

• A)Even though a company's share price has increased in each of the past 6 months,this does not indicate that the price will also increase during the current month.
• B)Investors cannot consistently beat the market by relying on information disclosed in companies' most recent annual reports.
• C)An investor cannot consistently beat the market by solely using information published in The Australian Financial Review.
• D)Managers who have information not available to the public cannot consistently earn abnormal returns.

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Definitions:

Diffuse Feeling States

Broad, often unclear emotional experiences that lack a specific, identifiable cause and can influence mood and behavior.

Long-lasting

Refers to something that endures or continues over a significant period, showing durability or permanence.

Low Intensity

Referring to activities or situations that require a minimal amount of energy, effort, or concentration.

Emotion

An intricate mental state characterized by a personal experience, a bodily reaction, and a response shown through behavior or expression.