Which of the Following Is True

question 1

Multiple Choice

Which of the following is true?

• A)A random walk for stock price changes is inconsistent with observed patterns in price changes.
• B)If the stock market follows a random walk, price changes should be highly correlated.
• C)If the stock market is weak form efficient, then stock prices follow a random walk.
• D)All of the above.
• E)Both B and C.

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Definitions:

Felsic Intrusions

Igneous rock formations rich in light-colored minerals such as quartz and feldspar, formed from magma that intrudes into the crust but does not reach the surface.

Porphyritic Texture

A texture of igneous rocks characterized by large crystals embedded in a finer-grained matrix or groundmass, indicative of a complex cooling history.

Sulfide Deposits

Concentrations of precious metals like gold, silver, and copper, found within sulfide mineral concentrations beneath the Earth's surface.

Geologic Structures

The arrangements and relations of rocks, including folds, faults, and layers, shaped by geological forces.