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3. The random walk: Group of answer choices A. Contains an error term B. Expects tomorrows price to be todays plus noise C. May specify

3. The random walk:

Group of answer choices

A. Contains an error term

B. Expects tomorrows price to be todays plus noise

C. May specify the error is standard normally distributed

D. All of the above

4. Mandelbrot:

Group of answer choices

A. Is credited with inventing MPT

B. Suggested error terms have fat tails

C. Invented fractal geometry

D. B and C

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