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Question: which of the following would be evidence that the market...

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Which of the following would be evidence that the market is not semi-strong-form efficient?

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What does the Efficient Market Hypothesis tell us?
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A put option (with shares as the underlying asset) was originally purchased for $1.12 and is now trading for $2.89.  The exercise price is $42 and the underlying share is currently trading for $43.7.  What is the intrinsic value of the option?

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