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cst6666 · 2024年06月04日

B 为什么不正确?

NO.PZ2023040301000094

问题如下:

With respect to efficient markets, a company whose share price reacts gradually to the public release of its annual report most likely indicates that the market where the company trades is:

选项:

A.

semi-strong-form efficient

B.

subject to behavioral biases

C.

receiving additional information about the company

解释:

If markets are efficient, the information from the annual reports is reflected in the stock prices; therefore, the gradual changes must be from the release of additional new information

B 为什么不正确?

1 个答案

王园圆_品职助教 · 2024年06月04日

同学你好,以下是原版书上关于市场有效性和价格变化的快慢之间关系的结论。在行为金融那一章,根本没有关于价格变化快慢是由行为偏差导致的这样一个结论,所以B选项就是凑选项的,不能选