You Discover You Can Make Above Normal Returns If You

question 76

Multiple Choice

You discover you can make above normal returns if you buy oil-company stocks just before noon on any given trading day and then sell them immediately before the market closes that same day. Which of the following describes this event?

• A) This would not be a violation of market efficiency.
• B) This would be a violation of weak form efficiency.
• C) This would be a violation of semi-strong form efficiency.
• D) This would be a violation of strong form efficiency.
• E) This would be a violation of all forms of market efficiency.

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Definitions:

ICD-10-CM

The International Classification of Diseases, Tenth Revision, Clinical Modification, a system used for coding diagnoses, symptoms, and procedures in healthcare settings.

Total Of 3-7 Characters

A specification often related to password creation or data entry, indicating a required or maximum character count range.

ICD-9-CM

International Classification of Diseases, Ninth Revision, Clinical Modification; a medical classification list for coding diseases, symptoms, and procedures.

ICD-10-CM

International Classification of Diseases, Tenth Revision, Clinical Modification; a system used by healthcare providers to classify and code all diagnoses, symptoms, and procedures.