22.

Technical analysis differs from fundamental analysis in that: Select one: a.technical analysts hold that the price of a security is determined by the extra return above the risk-free return required to compensate investors for the extra risk of the security. b.technical analysts depend far more heavily on objective, data-based approaches than the fundamentalists do. c.technical analysts believe the market value of common stocks is determined by the interaction of supply and demand. d.technical analysts argue that in-depth assessments of basic overall market, industry, and company performance is necessary; past price movements indicate future price movements. e.technical analysts argue that the market constantly weighs rational and irrational factors and that both of these affect price.