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NEW QUESTION: 1
A valid test of the weak form of the EMH should incorporate which of the following?
I). only publicly available data
II). an estimate of all transactions costs
III). a risk adjustment of returns
A. II and III.
B. I and II.
C. I, II and III.
Answer: C
Explanation:
All three must be incorporated. The absence of each has been used to criticize research on the EMH. Some studies used information that was not available to investors at the time the historical data was evaluated. Many studies did not explicitly account for transaction costs, even though these would clearly reduce profits. Finally, risk adjustments must be made. As an example, consider a trading strategy that looks at percentage price breakouts as described in the text. Large percentage price breakouts are more likely to be found in lower-priced stocks. Many of these are riskier, smaller firms, so a test like this would be biased toward riskier stocks and should require a higher return just to match the market.

NEW QUESTION: 2
What set of configurations make up Scheduling Policies and let companies adhere to their business constraints and preferences?
A. Service Levels and Work Rules
B. Service Objectives and WorkRules
C. Service Objectives and Work Types
D. Service Contracts and Service Levels.
Answer: B

NEW QUESTION: 3

A. Option B
B. Option C
C. Option D
D. Option A
Answer: C