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ost tests of semistrong efficiency are _________. designed to test whether inside information can be used to generate abnormal returns based on technical trading rules unable to generate any evidence of market anomalies joint tests of market efficiency and the risk-adjustment measure

User Jfclavette
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Answer: The answer is JOINT TESTS OF MARKET EFFICIENCY AND THE RISK-ADJUSTMENT MEASURE

Most tests of semi-strong efficiency are JOINT TESTS OF MARKET EFFICIENCY AND THE RISK-ADJUSTMENT MEASURE.

The measure is designed to test whether inside information can be used to generate abnormal returns based on technical trading rules unable to generate any evidence of market anomalies joint tests of market efficiency and the risk-adjustment measure

User Rose Perrone
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