You have a colleague who believes that examination of, Financial Management

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You have a colleague who believes that examination of

1. Suppose pound sterling is quoted at $1.4419-36, and the Swiss franc is quoted at $1.04731-95. What is the direct quote for the pound in Zurich?

2. You have a colleague who believes that examination of annual financial statements can generate extremely profitable investment opportunities. If true, which degree of market efficiency would this violate?

Strong-form efficiency

Semistrong-form efficiency

Weak-form efficiency

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