Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question.
Each question is worth 2 marks

An investor believes that they can make abnormal returns by studying past share price movements.
In terms of capital market efficiency, to which of the following does the investor’s belief relate?
A Fundamental analysis
B Operational efficiency
C Technical analysis
D Semi-strong form efficiency

Answer：

C

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