Question
If security prices follow a random walk a) prices are random b) price changes are random c) the best forecast of tomorrow's price is an
If security prices follow a random walk
a) prices are random
b) price changes are random
c) the best forecast of tomorrow's price is an average of prices over the last 30 days
d) investors are irrational
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Gapenskis Understanding Healthcare Financial Management
Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
