A FINDING THAT THE MARKET IS EFFICIENT ON AVERAGE DOES NOT PRECLUDE...

2. - TEST BANK FOR FINANCIAL REPORTING FINANCIAL STATEMENT ANALYSIS AND VALUATION A STRATEGIC PERSPECTIVE 7TH EDITION BY WAHLEN
TEST BANK FOR FINANCIAL REPORTING FINANCIAL STATEMENT ANALYSIS AND VALUATION A STRATEGIC PERSPECTIVE 7TH EDITION BY WAHLEN

2. A finding that the market is efficient on average does not preclude temporary mispricing of securities. Financial analysis can

identify specific mispriced securities.