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1) Which of the following is true regarding efficient market hypothesis? A. High-beta stocks are consistently overpriced. B. Low-beta stocks are consistently overpriced. C. Positive

1) Which of the following is true regarding efficient market hypothesis?

A. High-beta stocks are consistently overpriced.

B. Low-beta stocks are consistently overpriced.

C. Positive alphas on stocks will disappear quickly.

D. Negative alpha stocks will continue to deliver lower returns due to negative momentum.

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