Which of the Following Is an Example of an Anomaly

question 29

Multiple Choice

Which of the following is an example of an anomaly?

• A)The discovery that stock prices fully reflect all available information.
• B)The discovery that stock prices follow a random walk.
• C)The discovery that returns to stock tend to be negative in periods of recessions.
• D)The discovery that stocks have a higher than average return in early January.

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