Which of the Following Statements Is True

question 44

Multiple Choice

Which of the following statements is true?

• A)In efficient markets, a stock's price should change with the arrival of new information.
• B)Average stock returns are higher in January than other months.
• C)Studies by Fama and French and others find that returns of high book to market stocks are much higher than low book to market value stocks to be consistent with the efficient market hypothesis.
• D)All of the above.
• E)None of the above.

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Definitions:

Managerial Responsibility

The obligation of managers to make decisions and oversee an organization's resources and operations in an ethical, effective, and lawful manner.

Technical Skills

refer to the abilities and knowledge needed to perform specific tasks, often involving mechanical, informational, or scientific tasks.

Organisation

An entity comprising multiple people, such as a corporation or government, structured to achieve a collective goal or set of objectives.

Manager

An individual responsible for controlling or administering an organization or group of staff, making decisions on planning, organizing, leading, and controlling.