An Implication of the EMH for Financial Managers Is That

question 6

Multiple Choice

An implication of the EMH for financial managers is that:

• A)investing in a project that increases the company's true value will be reflected in the share price upon release of the information.
• B)the current share price is not a good indicator of the company's true value.
• C)the company's share price may overstate the true value of the company.
• D)All of the given answers.

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