If the Securities Markets Are Only Weak-Form Efficient,then the Price

question 8

Multiple Choice

If the securities markets are only weak-form efficient,then the price of a stock will:

• A)react to new information over a couple of weeks
• B)react slowly to new information concerning the future outlook of the firm
• C)tend to overreact to new information concerning the future plans of the firm
• D)be based solely on historical information
• E)totally reflect the true value of the firm

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Definitions:

Longest Muscle

The Sartorius muscle, extending from the hip to the knee, recognized as the longest muscle in the human body.

Sartorius

The longest muscle in the human body, running from the hip to the knee, and aiding in flexing, abduction, and lateral rotation of the thigh.

Biceps Femoris

A muscle of the thigh located at the back of the leg, part of the hamstrings group, involved in knee flexion and thigh extension.

Gastrocnemius

A major muscle located in the back part of the lower leg that helps in bending the knee and pushing the foot down, such as when walking or jumping.