NO.PZ2023040301000094
问题如下：
With respect to efficient markets, a company whose share price reacts gradually to the public release of its annual report most likely indicates that the market where the company trades is:
选项：
A.semi-strong-form efficient
subject to behavioral biases
receiving additional information about the company
解释：
If markets are efficient, the information from the annual reports is reflected in the stock prices; therefore, the gradual changes must be from the release of additional new information
请问选项C中的additional information指的就是公司的annual report还是暗示年报公布的同时还有其他公司的小道消息？按理说efficient market中股票价格应该quickly reflect new information而不是gradually？这个区别是这道题的考点吗？
