You Discover You Can Make Above Normal Returns If You

question 267

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:

Values Conflicts

Discrepancies between the principles or beliefs of individuals or groups that can lead to disagreements or disputes.

Sexual Orientation

An enduring pattern of romantic or sexual attraction (or lack thereof) to persons of the opposite sex, same sex, both sexes, or more than one gender.

Sexual Dysfunction

A term used to describe any problems during any phase of the sexual response cycle that prevent the individual or couple from experiencing satisfaction from the sexual activity.

Values Conflicts

Situation where two or more values that an individual holds are in opposition, creating a dilemma or discomfort.