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Your friend Ann insists that he can make abnormal returns everyday by buying a particular...

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Question

Finance

Your friend Ann insists that he can make abnormal returns everyday by buying a particular stock at 10:00am and selling it at 3:00pm. If this is true, we can conclude that the market in which Ann is trading is:

Select one:

a. Not efficient

b. Strong-form efficient

c. Semi-strong form efficient

d. Weak-form efficient

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