CIMA Exam CIMAPRA19-F03-1 Topic 2 Question 53 Discussion

Actual exam question for CIMA's CIMAPRA19-F03-1 exam

Question #: 53
Topic #: 2

A listed company has recently announced a profit warning.

The company's share price fell 20% on the day of the announcement but had been fairly static in the weeks leading up to the announcement.

Which form of efficient market is most likely to be indicated by this share price movement?

AWeak form

BSemi-strong form

CStrong form

DRandom walk

Show Suggested Answer

Suggested Answer: B

by Sharee at Jun 28, 2022, 04:46 AM

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