The Theory That Stock Prices Reflect All Available Information and That

question 274

Multiple Choice

The theory that stock prices reflect all available information and that the future movement of stock prices is unpredictable is called the

• A) random walk theory.
• B) inefficient market theory.
• C) technical analysis theory.
• D) charting theory.

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Definitions:

Central Pacific

Often refers to the central area of the Pacific Ocean, but can also denote the Central Pacific Railroad, a key portion of the First Transcontinental Railroad in the United States.

Clement Vallandigham

A controversial American politician and leader of the Copperhead faction of anti-war Democrats during the Civil War, known for his opposition to Abraham Lincoln's policies.

Banished

The act of officially or formally expelling someone from a community, country, or organization, often as a punishment.

Treason

The crime of betraying one's country, especially by attempting to kill or overthrow the sovereign or government.