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Behavioural finance Question 4Select one: Argues against market efficiency by saying that investors are not always rational Says that investors always act like robots doing

Behavioural finance Question 4Select one: Argues against market efficiency by saying that investors are not always rational Says that investors always act like robots doing mathematics and is therefore consistent with market efficiency Can be consistent with market efficiency, but this depends on the extent of inefficiency in the market Is unrelated to the concept of market efficiency

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