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12) The random walk hypothesis 12) A) suggests that random patterns appear but only over long periods of time B) accounts for market anomalies such

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12) The random walk hypothesis 12) A) suggests that random patterns appear but only over long periods of time B) accounts for market anomalies such as calendar effects c) has been disproved based on recent computer simulations. D) implies that security analysis is unable to predict future market behavior

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