X hits on this document

119 views

0 shares

0 downloads

0 comments

46 / 50

FIN351: lecture 6

FIN351: lecture 6

Some exercises

1.

If stock markets are efficient, what should the correlation between stock returns for two non-overlapping periods?

2.

Which is the most likely to contradict the weak-form of efficiency

a.

Over 25% of mutual funds outperform the market on average

b.

Insiders can make abnormal profits

c.

Every January, the stock market earns abnormal return

Document info
Document views119
Page views119
Page last viewedFri Dec 09 00:31:14 UTC 2016
Pages50
Paragraphs410
Words2137

Comments