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The Andrews Sisters Music Corp Has Just Released Its Financial

Question 24

Multiple Choice

The Andrews Sisters Music Corp has just released its financial statements showing an unexpectedly high earnings number.The stock price of the company does not respond to this information.This observation is consistent with:


A) semi-strong form market efficiency.
B) semi-strong form market inefficiency.
C) strong form market efficiency.
D) strong form market inefficiency.

Correct Answer:

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