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According to the Random Walk Hypothesis, in efficient markets, ________. Group of answer choices a) Stock prices are not random. b) Stock prices can be
According to the Random Walk Hypothesis, in efficient markets, ________.
Group of answer choices
a) Stock prices are not random.
b) Stock prices can be predicted solely on the basis of past movements.
c) There is a predictable trend in stock prices.
d) Stock prices are random and cannot be predicted solely on the basis of past movements.
e) Stock prices are not random and they can be predicted by past movements.
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