Zachary purchased BBC stock expecting the price to rise 15% in the coming year. After one year, BBC stock has actually moved up by 30%, due primarily to new information released during the year concerning unexpectedly higher sales. Which of the following describes this result?
Zachary purchased BBC stock expecting the price to rise 15% in the coming year. After one year, BBC stock has actually moved up by 30%, due primarily to new information released during the year concerning unexpectedly higher sales. Which of the following describes this result?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
23-
Zachary purchased BBC stock expecting the price to rise 15% in the coming year.
After one year, BBC stock has actually moved up by 30%, due primarily to new information released during the year concerning unexpectedly higher sales.
Which of the following describes this result?
Group of answer choices
This is a violation of weak-form efficiency
This is not a violation of weak-form efficiency
This is a violation of semi-strong form efficiency
This is not a violation of semi-strong form efficiency
26-
26-
Talal acquired 1,200 shares of CRAZY SPORTS stock at a price of $40 per share.
Exactly one year later, he sold the shares for $43 per share. In addition, CRAZY SPORT paid a quarterly dividend of $0.50 per share at the end of each quarter.
What is the percent
Group of answer choices
15.0%
12.50%
7.50%
5.0%
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