The information pie suggests and, Financial Management

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The information pie suggests and

1. The information pie suggests:

A. semi-strong form efficiency implies strong form efficiency

B. semi-weak form efficiency implies semi-strong form efficiency

C. weak form efficiency implies semi-strong form efficiency

D. strong form efficiency implies weak form efficiency

2. Arbitrage

A. Causes prices to diverge from their intrinsic value

B. is the process of selling shares with the promise to repurchase them in the future

C. Causes prices to converge to their intrinsic value

D. causes market inefficiencies

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Financial Management: The information pie suggests and

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