Select the FALSE Statement Concerning Efficient Markets

question 53

Multiple Choice

Select the FALSE statement concerning efficient markets.

• A)The current price of a stock reflects all known information.
• B)Investors will use all relevant data in making their decisions.
• C)A perfect adjustment in price follows any new information.
• D)Following any adjustment,the new price does not have to be the new equilibrium price.

---

Definitions:

Beverages

Liquid drinks, which can be alcoholic or non-alcoholic, consumed for refreshment or pleasure.

Appetizers

Small dishes served before the main meal to stimulate the appetite.

Entrees

The main dishes of a meal.

Desserts

Sweet courses concluding a meal.