Based on the Semi- Strong Form of the Efficient Markets

question 33

Multiple Choice

Based on the semi- strong form of the efficient markets theory, an investor reacting immediately to a news flash on the television generally

• A) will suffer a loss.
• B) is too late to make an exceptional profit.
• C) is guaranteed to make a reasonable profit.
• D) can make an abnormal profit.

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Definitions:

Decimal Notation

A system of writing numbers that uses a decimal point to separate the whole number part from the fractional part.

Percent Equivalent

A way of expressing a number as a fraction of 100, denoting it with the symbol "%."

Significant Figures

The numbers of digits in a value that contribute to its precision, including all digits except leading and trailing zeros.

Accurate

Without inaccuracies or flaws; exact.