When People Deviate, They

question 38

Multiple Choice

When people deviate, they

• A) break norms of conduct that are prescribed for them
• B) are always caught
• C) are never caught
• D) break norms of conduct that are prescribed for others

---

Definitions:

Constant Growth Rate

In finance, it refers to a steady, unchanging rate at which a company's dividends or earnings are expected to grow over time.

Expected Dividend

The dividend payment a shareholder anticipates receiving, based on past dividend payments or company announcements.

Efficient Markets Hypothesis

A theory stating that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the overall market.

Semistrong-Form

Part of the Efficient Market Hypothesis that asserts all publicly available information is reflected in asset prices, including historical data and all public disclosures.