15. A market decline of 23% on a day when there is no significant macroeconomic event consistent with the EMH because . a. would be, it was a clear response to macroeconomic news b. would be, it was not a clear response to macroeconomic news c. would not be, it was a clear response to macroeconomic news d. would not be, it was not a clear response to macroeconomic news e. None of these are correct.
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15. A market decline of 23% on a day when there is no significant macroeconomic event consistent wi...
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