A Finding That _________ Would Provide Evidence Against the Semistrong

question 67

Multiple Choice

A finding that _________ would provide evidence against the semistrong form of the efficient market theory.

• A)low P/E stocks tend to have positive abnormal returns
• B)trend analysis is worthless in determining stock prices
• C)one can consistently outperform the market by adopting the contrarian approach exemplified by the reversals phenomenon
• D)A and B
• E)A and C

---

Definitions:

Greater Concentration

Refers to a higher amount of a substance in a specific volume of solution or mixture when compared to another concentration.

Diffusion

The process by which molecules move from an area of higher concentration to an area of lower concentration, leading to an equal distribution.

Oil-immersion Lens

A type of microscope objective lens used with a drop of oil to increase resolution by reducing light refraction.

Coarse Focus Knob

A control on a microscope that allows the user to make large adjustments in focus, moving the objective lens closer to or further from the specimen.