A Company That You Are Following in Anticipation of Making

question 52

Multiple Choice

A company that you are following in anticipation of making an investment therein has just announced an unexpected dividend increase.You believe that you have one week to purchase the stock before the market price increases in reaction to the news.This behavior PROVES that the market is at least ________ form efficient.

• A)weak
• B)semi-strong
• C)strong
• D)This behavior proves nothing.We still don't know the level of market efficiency.

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