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Fidelity Select Health Care Portfolio is a sector mutual fund that has returned 16 % annually, on average,in the past 10years . This is significantly

Fidelity Select Health Care Portfolio is a sector mutual fund that has returned 16 % annually, on average,in the past 10years . This is significantly higher than the S&P average of 11.24% . Is this proof that stock markets are NOT efficient? Explain why or why not.

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