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(I) The efficient market hypothesis suggests that allocating your funds in the financial markets on the advice of a financial analyst is not likely to

(I) The efficient market hypothesis suggests that allocating your funds in the financial markets on the advice of a financial analyst is not likely to prove superior to a strategy of making selections by throwing darts at the financial page.

(II) Most actively managed mutual funds, when compared to a market index such as the Wilshire 5000, provide higher returns to investors than the market index.

Group of answer choices:

A.) Both are false.

B.) (I) is true, (II) false.

C.) Both are true.

D.) (I) is false, (II) true.

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