Which of the following observations would provide evidence against the semistrong form of the efficient market theory?

A) Mutual fund managers do not on average make superior returns.

B) You cannot make superior profits by buying (or selling) stocks after the announcement of an abnormal rise in dividends.

C) Low P/E stocks tend to have positive abnormal returns.

D) In any year approximately 50% of pension funds outperform the market.

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is