Suppose That Over the Last 10 to 15 Years Significantly

question 23

Multiple Choice

Suppose that over the last 10 to 15 years significantly large numbers of investors have been able to earn abnormal returns from using the firm's publicly available financial information to forecast growth in earnings and dividends. This would be evidence that the markets are not
I. weak form efficient.
II. semi-strong form efficient.
III. strong form efficient.

• A)I only
• B)I and II only
• C)III only
• D)II and III only
• E)I,II,and III

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Definitions:

Groups

Collections of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity.

Attitudes

Psychological tendencies expressed by evaluating particular entities with some degree of favor or disfavor.

Academic Psychologists

Professionals who study, teach, and conduct research on various aspects of human behavior and mental processes within an academic setting.

Psychometrics

The field of study concerned with the theory and technique of psychological measurement, including the development of tests to assess personality, abilities, and attitudes.