Question
1) The hypothesis that states that it is nearly impossible to predict exactly when stocks will do well relative to bonds is known as the:
1) The hypothesis that states that it is nearly impossible to predict exactly when stocks will do well relative to bonds is known as the:
a) fair price hypothesis.
b) efficient market hypothesis.
c) full information hypothesis.
d) arbitrage hypothesis.
e) None of the above
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
