What is uninformed “noise” trading associated with?   a. Negative autocorrelation in stock returns   b. Temporary market impact   c. Bid-ask bounce   d. All of the above   e. None of the above

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter9: The Financial Markets And The Economy: The Tail That Wags The Dog
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  1. What is uninformed “noise” trading associated with?

      a.

    Negative autocorrelation in stock returns

      b.

    Temporary market impact

      c.

    Bid-ask bounce

      d.

    All of the above

      e.

    None of the above

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