Finance 320

CHAPTER 11


















































































































































Question 1
0 out of 1 points

Which of the following is not a method employed by followers of technical analysis?
Relative strength analysis
Question 2
1 out of 1 points

The broadest information set is included in the strong form efficiency argument
Question 3
1 out of 1 points

A day trade with an average stock holding period of under 8 minutes might be most closely associated with which trading philosophy?
Technical analysis
Question 4
0 out of 1 points

Studies show that the bid-ask spread for the least liquid stocks may be as high as ______.
9%
Question 5
1 out of 1 points

Most tests of semi-strong efficiency are _________. joint tests of market efficiency and the risk adjustment measure
Question 6
1 out of 1 points

The semi-strong form of the EMH states that ________ must be reflected in the current stock price. all publicly available information
Question 7
0 out of 1 points

Fama and French have suggested that many market anomalies can be explained as manifestations of ____________. high trading costs
Question 8
1 out of 1 points

In an efficient market and for an investor that believes in a passive approach to investing, what is the primary duty of a portfolio manager?
Diversification
Question 1
1 out of 1 points

Value stocks usually exhibit ___ price-to-book ratios and ___ price-to-earnings ratios. low, low
Question 2