9. (Market efficiency general) Assume that markets are efficient. Do you expect that the average return of

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9. (Market efficiency— general) Assume that markets are efficient. Do you expect that the average return of mutual funds will be higher, lower, or equal to the market return?

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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