Question
An implication of the efficient market hypothesis is that __________. Multiple Choice high-beta stocks are consistently overpriced nonzero alphas will quickly disappear low-beta stocks are
An implication of the efficient market hypothesis is that __________.
Multiple Choice
-
high-beta stocks are consistently overpriced
-
nonzero alphas will quickly disappear
-
low-beta stocks are consistently overpriced
-
growth stocks are better buys than value stocks
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
