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37. Identify which of the following statements is consistent with a belief in the efficient market hypothesis (EMH). A. Searching for undervalued securities B. Selecting

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37. Identify which of the following statements is consistent with a belief in the efficient market hypothesis (EMH). A. Searching for undervalued securities B. Selecting a random set of stocks for a portfolio C. Waiting to purchase a stock until its price increases above the 40-day moving average D. Comparing the intrinsic value of a security with its market value

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