Answer the following.

a.

b.

What advice should investors heed if markets are efficient? O A. Random stock picks will perform as well as a series of hot stock tips over long periods of time O B. Fundamental analysis is superior to technical analysis O C. Mutual funds run by expert managers consistently outperform index funds O D. The best informed traders always beat the market E. You can earn abnormal by frequently buying and selling whenever you obtain new information large returns