ESSENTIALS OF INVESTMENTS
(GLOBAL EDITION) CHAPTER 8
QUESTIONS WITH CORRECT ANSWERS
2024-2025
randomLwalkL-LcorrectLanswer-theLnotionLthatLstockLpriceLchangesLareLrandomLandLunpredictable
efficientLmarketLhypothesisL-LcorrectLanswer-
theLhypothesisLthatLpricesLofLsecuritiesLfullyLreflectLavailableLinformationLaboutLsecurities
weak-formLEMHL-LcorrectLanswer-
theLassertionLthatLstockLpricesLalreadyLreflectLallLinformationLcontainedLinLtheLhistoryLofLpastLtrading
semistrong-formLEMHL-LcorrectLanswer-
theLassertionLthatLstockLpricesLalreadyLreflectLallLpubliclyLavailableLinformation
strong-formLEMHL-LcorrectLanswer-
theLassertionLthatLstockLpricesLreflectLallLrelevantLinformation,LincludingLinsideLinformation
technicalLanalysisL-LcorrectLanswer-
researchLonLrecurrentLandLpredictableLstockLpriceLpatternsLandLonLproxiesLforLbuyLorLsellLpressureLinLtheLm
arket
resistanceLlevelL-LcorrectLanswer-aLpriceLlevelLaboveLwhichLitLisLsupposedlyLunlikelyLforLaLstockLindexLtoLrise
supportLlevelL-LcorrectLanswer-
aLpriceLlevelLbelowLwhichLitLisLsupposedlyLunlikelyLforLaLstockLorLstockLindexLtoLfail
fundamentalLanalysisL-LcorrectLanswer-
researchLonLdeterminantsLofLstockLvalue,LsuchLasLearningsLandLdividendLprospects,LexpectationsLforLfutureL
interestLrates,LandLriskLofLtheLfirm
(GLOBAL EDITION) CHAPTER 8
QUESTIONS WITH CORRECT ANSWERS
2024-2025
randomLwalkL-LcorrectLanswer-theLnotionLthatLstockLpriceLchangesLareLrandomLandLunpredictable
efficientLmarketLhypothesisL-LcorrectLanswer-
theLhypothesisLthatLpricesLofLsecuritiesLfullyLreflectLavailableLinformationLaboutLsecurities
weak-formLEMHL-LcorrectLanswer-
theLassertionLthatLstockLpricesLalreadyLreflectLallLinformationLcontainedLinLtheLhistoryLofLpastLtrading
semistrong-formLEMHL-LcorrectLanswer-
theLassertionLthatLstockLpricesLalreadyLreflectLallLpubliclyLavailableLinformation
strong-formLEMHL-LcorrectLanswer-
theLassertionLthatLstockLpricesLreflectLallLrelevantLinformation,LincludingLinsideLinformation
technicalLanalysisL-LcorrectLanswer-
researchLonLrecurrentLandLpredictableLstockLpriceLpatternsLandLonLproxiesLforLbuyLorLsellLpressureLinLtheLm
arket
resistanceLlevelL-LcorrectLanswer-aLpriceLlevelLaboveLwhichLitLisLsupposedlyLunlikelyLforLaLstockLindexLtoLrise
supportLlevelL-LcorrectLanswer-
aLpriceLlevelLbelowLwhichLitLisLsupposedlyLunlikelyLforLaLstockLorLstockLindexLtoLfail
fundamentalLanalysisL-LcorrectLanswer-
researchLonLdeterminantsLofLstockLvalue,LsuchLasLearningsLandLdividendLprospects,LexpectationsLforLfutureL
interestLrates,LandLriskLofLtheLfirm