Suppose you regress returns rt on xt with xt known to the, Ask an Expert

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Suppose you regress returns r_t on x_t with x_t known to the public at time t.

You find that the slope on x_t is statistically significant. Does this contradict the semi-strong form of the EMH? Why or Why not?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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