Rules Used to Predict Movements in Stock Prices Based on Past

question 48

Multiple Choice

Rules used to predict movements in stock prices based on past patterns are,according to the efficient markets theory,

• A) a waste of time.
• B) profitably employed by all financial analysts.
• C) the most efficient rules to employ.
• D) consistent with the random walk hypothesis.

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Definitions:

Buying Division

is a department within an organization responsible for purchasing goods and services the organization needs.

Selling Division

The division or part of an organization responsible for selling the company's products or services to customers.

Transfer Price

The price charged for goods, services, or intellectual property when these are exchanged between divisions within the same company.

Division Using

Refers to the allocation or utilization of resources or responsibilities among different departments or sectors within an organization.