Which of the Following Is True

question 48

Multiple Choice

Which of the following is true?

• A) A random walk for stock price changes is inconsistent with observed patterns in price changes.
• B) If the stock market follows a random walk, price changes should be highly correlated.
• C) If the stock market is weak form efficient, then stock prices follow a random walk.
• D) All of these.
• E) Both If the stock market follows a random walk, price changes should be highly correlated; and If the stock market is weak form efficient, then stock prices follow a random walk.

---

Definitions:

Low-level Disinfectant

A disinfectant that kills some viruses and bacteria, but not spore-forming or non-enveloped viruses, used for surface disinfection.

Incineration

Burn, setting afire.

Disposable Items

Products designed for a single use or a limited number of uses before being discarded.