If the Financial Markets Are Strong-Form Efficient,then Stock Analysis Would

question 47

True/False

If the financial markets are strong-form efficient,then stock analysis would be a waste of time because investors would not be able to earn abnormal returns,no matter how well the valuation models they use perform.

---

Definitions:

Sales And Excise Taxes

Taxes imposed on the sale of goods and services (sales tax) and specific goods like gasoline, cigarettes, and alcohol (excise taxes), typically used to generate revenue for governments.

Commodity Taxes

Taxes imposed on goods, often based on their value or quantity, used by governments to generate revenue or influence market prices.

Purchases

The act of buying goods or services, involving the transfer of money or other forms of payment from buyer to seller.

Marginal Tax Rates

The amount of tax paid on an additional dollar of income, which can vary by income level and type of taxpayer.