Assume That Markets Are Semistrong-Form Efficient

question 91

Multiple Choice

Assume that markets are semistrong-form efficient. Which of the following statements is most correct?

• A) All stocks should have the same expected return.
• B) All stocks should have the same realized return.
• C) Past stock prices can be successfully used to forecast future stock returns.
• D) Answers a and c are correct.
• E) None of the answers above is correct.

Recognize the roles and limitations of the U.S. Congress, the President, and the Judiciary under the U.S. Constitution.

Identify the importance of the Bill of Rights and subsequent amendments in regulating business.

Understand the constitutional basis for the regulation of commercial speech.

Comprehend the doctrine of judicial review as established in Marbury v. Madison.

---

Definitions:

Carbon Dioxide Emissions

The release of CO2 gas into the atmosphere, primarily from burning fossil fuels, which contributes to global warming and climate change.

Backup Storage

A secondary form of storage used to keep copies of data or files to prevent loss in case of primary storage failure.

High-Temperature Heat

Heat energy characterized by temperatures significantly above normal environmental or operational levels, often used in industrial processes.

Pumped-Storage Hydropower

A type of hydroelectric power system that stores energy by pumping water from a lower elevation reservoir to a higher elevation one and generating electricity as the water flows back down through turbines.