Which of the Following Is Incorrect

question 33

Multiple Choice

Which of the following is incorrect?

• A)Technical analysis is expected to work if markets are weak-form efficient.
• B)If markets are strong-form efficient then they must also be weak-form efficient.
• C)It is not likely that the market is strong-form efficient.
• D)None of these statements are incorrect.

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Definitions:

Cost Savings

Reductions in expenditures achieved through methods such as negotiation, effciency improvements, or substitution.

Pretax Return

The profit earned by a business before the deduction of tax expenses.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Net Present Value

A calculation that determines the present value of a series of future cash flows, minus the initial investment, used to assess the profitability of investments.