Which of the following statements is (are) true if the strong-form efficient market hypothesis holds?I) Analysts can easily forecast stock price changes. II) Financial markets are irrational. III) Stock returns follow a particular pattern. IV) Stock prices reflect all available information.
A. I and III only
B. IV only
C. II only
D. I only
Answer: B
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Which of the following does not cause an increase in the pension expense for a defined benefit plan?
A. Recognized prior service cost amortization B. Expected return on pension plan assets C. Interest cost D. Service cost
When the management team noted the increased interest in bikes as a mode of commuting, bicycle manufacturer Sensta introduced utility bikes aimed at the urban commuter
In which of the following cases is the company following a plus-one pricing strategy? A) Sensta entered the market with a bike priced at $2,500, and later, as more competitors entered the market, reduced the price to $1,000. B) As the market for bikes in a particular city became saturated, Sensta raised the prices of its bikes hoping to gain maximum profit before exiting the market. C) With several competitors with similar product features in the utility bike market, Sensta concentrated on the sturdiness of its bikes, and raised the price of the basic model from $500 to $1,000. D) Sensta manufactures a basic model priced at $500, a bike with more features, priced at $1,500 and a deluxe model priced at $3,000. E) When Sensta entered the market, there were already competitors in the $1,000-$2,000 price range. Sensta introduced three bike models in the $500-$700 price range in order to capture market share, and later raised the prices of its products.
The American Marketing Association's code of ethics speaks to six primary ethical values: honesty, responsibility, fairness, respect, transparency, and ________.
A. social conscience B. citizenship C. consumer-orientation D. sustainability E. loyalty
Consumers have a right to:
a. exclude as obsolete information about a bankruptcy discharge seven years previously. b. know the name of anyone to whom credit information has been supplied by a consumer reporting agency within the last three years. c. have their own version of a disputed credit situation included in their credit file. d. have their credit rating reviewed at least once a year.