Historical earnings and public accounting information

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Reference no: EM131078209

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).

Reference no: EM131078209

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