PRIN.OF CORP.FINANCE-CONNECT ACCESS
PRIN.OF CORP.FINANCE-CONNECT ACCESS
13th Edition
ISBN: 2810023360757
Author: BREALEY
Publisher: MCG
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Chapter 13, Problem 3PS

Market efficiency Which (if any) of these statements are true? Stock prices appear to behave as though successive values

  1. (a) Are random numbers.
  2. (b) Follow regular cycles.
  3. (c) Differ by a random number.
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