Select the FALSE statement concerning efficient markets.
A)The current price of a stock reflects all known information.
B)Investors will use all relevant data in making their decisions.
C)A perfect adjustment in price follows any new information.
D)Following any adjustment,the new price does not have to be the new equilibrium price.

Question

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The Answer of Select the FALSE statement concerning efficient markets.
A)The current price of a stock reflects all known information.
B)Investors will use all relevant data in making their decisions.
C)A perfect adjustment in price follows any new information.
D)Following any adjustment,the new price does not have to be the new equilibrium price.

Select the FALSE Statement Concerning Efficient Markets