A market decline of 23% on a day when there is no significant macroeconomic event ______ consistent with the EMH because ________.
A) would be; it was a clear response to macroeconomic news
B) would be; it was not a clear response to macroeconomic news
C) would not be; it was a clear response to macroeconomic news
D) would not be; it was not a clear response to macroeconomic news This happened on October 19, 1987.
Correct Answer:
Verified
Q3: If you believe in the _ form
Q4: If you believe in the _ form
Q5: A support level is the price range
Q6: If you believe in the _ form
Q7: _ above which it is difficult for
Q9: _ focus more on past price movements
Q10: An event study describes a technique of
Q11: Womack focuses on changes in analysts' recommendations
Q12: A common strategy for passive management is
A)creating
Q13: If you believe in the reversal effect,
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