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Most tests of semi-strong efficiency are _________.A. designed to test whether inside information can be used to generate abnormal returnsB. based on technical trading rulesC. unable to generate any evidence
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Most tests of semi-strong efficiency are _________.A. designed to test whether inside information can be used to generate abnormal returnsB. based on technical trading rulesC. unable to generate any evidence of market anomaliesD. joint tests of market efficiency and the risk-adjustment measure

User Zachary Canann
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Answer:

D. joint tests of market efficiency and the risk-adjustment measure

Step-by-step explanation:

Semi-strong form efficiency -

In this aspect of the Efficient Market Hypothesis , it assumes that the current price of stock adjust very fast in order to release the new public information .

The one of the major test of the semi - strong efficiency are the ,the risk - adjustment measure and the joint test of the market efficiency .

User Sjoerd
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