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If markets are semistrong-form efficient, _____. trying to identify mispriced securities is futile insiders cannot benefit from their inside information projecting past price trajectories into

If markets are semistrong-form efficient, _____.

trying to identify mispriced securities is futile

insiders cannot benefit from their inside information

projecting past price trajectories into the future can be profitable

it makes sense to pay for investment advice from stock market analysts

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