Market prices can tell the financial manager which of the, Financial Management

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Market prices can tell the financial manager which of the

1. Market prices can tell the financial manager:

A. whether the acquisition of another firm is a good idea

B. whether the CEO is doing a poor job

C. whether the firm is doing a divestiture

D. all of the above

2. Which of the following is NOT evidence against market efficiency?

A. Earnings surprises

B. Crashes and Bubbles

C. Prices follow a random walk

D. None of the above

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