If Future Changes in Stock Prices Are Unpredictable,then We Say

question 16

Multiple Choice

If future changes in stock prices are unpredictable,then we say that the stock prices follow a

• A)random walk.
• B)straight and narrow path.
• C)meandering path.
• D)generalized walk.

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Definitions:

Income Statement

A financial document that summarizes a company's revenue, expenses, and profits over a specific period, usually a fiscal quarter or year.

Special Item

Unusual or infrequent gains or losses in a company’s financial statements, which are not expected to recur in the foreseeable future.

Discontinued Operations

Components of a business that have been disposed of or are classified as held for sale, and will not be continuing operations in the future.

Future Cash Flows

Estimated future financial earnings or expenses, which are used in various financial analyses to determine investment potential or project value.