Question
12) Which of these are reasons why people do not accept the efficient market hypothesis? I. Optical illusions II. Normal profits III. Earnings surprises IV.
12) Which of these are reasons why people do not accept the efficient market hypothesis?
I. Optical illusions
II. Normal profits
III. Earnings surprises
IV. Market bubbles
a. III and IV only
b. I and III only
c. II and IV only
d. I, II, and IV only
e. I, III, and IV only
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
