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According to the Efficient Market Hypothesis, professional investors will earn: A. excess profits over the long term. B. excess profits, but only on short-term investments.
According to the Efficient Market Hypothesis, professional investors will earn:
A. excess profits over the long term.
B. excess profits, but only on short-term investments.
C. a dollar return equal to the value paid for an investment.
D. a return that cannot be accurately predicted because investments are subject to the random movements of the markets.
E. a return that "beats the market".
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