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Explain why each of the independent statements below is false. A good explanation should be between two and four sentences for each part.

-If the stock market is semi-strong form efficient, historical earnings information – and other public accounting information – cannot help an analyst explain where a stock is currently trading within its 52 week range. (i.e., why the stock price is at the high end, the low end, or the middle of this range).

Financial Management, Finance

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