1. If you make superior returns by buying stocks after a 10% fall inprice and selling stocks after a 10% rise,this is consistentwith the weak form of EMH. (TRUE/FALSE)

2. An implication of the efficient market hypothesis is that nonzero alphas will persist. (TRUE/FALSE)

3. Growth stocks usually exhibit high price-to-earnings ratios and high book-to-market ratios. (True/FALSE)

4.For technical trading rulesto consistently generate superior returns, the market would have to be inefficient. (T/F)