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A fully efficient market will eliminate which one of the following? Cyclical patterns Daily price fluctuations Unexpected price declines All abnormal profits except those related

  1. A fully efficient market will eliminate which one of the following?

    1. Cyclical patterns

    2. Daily price fluctuations

    3. Unexpected price declines

    4. All abnormal profits except those related to insider trading

    5. Price increases over any period of time in excess of six months

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