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afrah afrah
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7 months ago
If information does not arrive randomly and the market rapidly and accurately adjusts to any new information, stock prices will

▸ not follow a random walk.

▸ behave in a deterministic manner.

▸ follow a random walk.

▸ behave in a completely random manner.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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avi420avi420
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7 months ago
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