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If financial markets are efficient, then attempting to accurately predict interest rates is: a. an endeavor best left to corporate executives. b. relatively easy to
If financial markets are efficient, then attempting to accurately predict interest rates is:
a. an endeavor best left to corporate executives.
b. relatively easy to do if you have a general understanding of finance and economics. (incorrect)
c. a relatively easy and accurate exercise.
d. a waste of good time.
e. a little tricky but wise managers tend to succeed at it on an ongoing basis.
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