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25) The claim that one cannot expect extra-normal gain from using past performance to predict future asset returns is an implication of: A) The weak

25) The claim that one cannot expect extra-normal gain from using past performance to predict future asset returns is an implication of: A) The weak form of the efficient-markets hypothesis B) The semi-strong form of the efficient-markets hypothesis C) The strong form of the efficient-markets hypothesis D) All of the above are true

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