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If capital markets are efficient, then: Selected answer will be automstically saved. For keyboard navigation, press up/down arrow keys to select an answer, a there

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If capital markets are efficient, then: Selected answer will be automstically saved. For keyboard navigation, press up/down arrow keys to select an answer, a there is reason to believe that prices are too high or too low. b it is possible to profit regularly from publicly available information. c prices will adjust quickly to correctly reflect new information. d it is possible to find positive NPV projects. e historical price trends will give you a good lidea of where prices are headed in the near future. Question 46 You earn a 12.32% nominal return. If the inflation rate is 4%, what is your exact real rate of retum? Selected answer will be automatically saved. For heyboard navigation, press up/down arrow keys to select an answer, B.0009 b 10.20% c 9.0096

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