An efficient market reflects
A) only historical information.
B) only the information related to events that have already occurred.
C) all publicly known information related to past events and announced future events.
D) all information including predictions about future information.
Answer: D
You might also like to view...
Day of week is an evaluation that is most related to these categories of business
A) fast food, utilities, long-distance telephone service B) retail shopping, movies C) ice cream, soft drinks and cold remedies D) durable goods' replacement cycles
Consumer goods firms such as Lancôme often use reminder advertising to convince consumers to take action-switch brands, try a new product, or even continue to buy the advertised product.
Answer the following statement true (T) or false (F)
A company may prefer to use residual income over return on investment for performance evaluation because ________
A) residual income is a ratio but return on investment is an absolute figure B) residual income is more likely to lead to goal congruence than return on investment is C) residual income is easier to calculate than return on investment D) residual income considers three elements but return on investment considers only two elements
A(n) ____________________ refers to a written document that can be used as a substitute for money
Fill in the blank(s) with correct word