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A Weak-Form Efficient Market Can Best Be Described as a Market

Question 3

Multiple Choice

A weak-form efficient market can best be described as a market in which:


A) trading strategies based upon past share prices cannot earn abnormal profits.
B) all publicly available information is fully reflected in share prices.
C) share prices follow predictable trends.
D) trading strategies based on past information can earn abnormal profits.

Correct Answer:

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