Which model would suggest the momentum effect is against, Financial Management

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Which model would suggest the momentum effect is against

1. Suppose Momentum can generate alpha in a model. It is against which form of market efficiency? (

A. Strong Form

B. Semi-strong Form

C. Weak Form

D. All three forms

2. Which model would suggest the momentum effect is against market efficiency?

A. CAPM

B. Fama-French three-factor world

C. Both models

D. No models

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