Unformatted text preview: 5. Because everyone is doing fundamental analysis, there is little in the way of unabsorbed or indigested information. 6. Basu, Banz’s, and Reinganum’s. 7. The strong form of the efficient market hypothesis is hypothesized that insider information is also immediately impounded into the value of a security. No. 8. Not sure. 9. Abnormal returns refer to gains beyond what the market would normally provide after adjustment for risk....
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This note was uploaded on 05/09/2011 for the course BUS 125 taught by Professor Ryan during the Fall '09 term at Northeast State.
- Fall '09