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  • According to the efficient market hypothesis, financial markets fluctuate daily because they: #111
  • If a market is inefficient, as new information is received about a security: #112
  • According to the weak form of the EMH #113
  • The weak form of the efficient market hypothesis asserts that #114
  • The weak form of the efficient market hypothesis contradicts #115
  • If the capital market is semi-strong efficient #116
  • According to the semi-strong form of the EMH, investors who invest in a stock after a highly positive announcement concerning the stock can expect to earn a(n) #117
  • International Accounting Standards have been developed by: #118
  • A finding that …would provide evidence against the semi-strong form of the efficient market theory. #119
  • Capital investment appraisal refers to: #120
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