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If you do fundamental analysis and cannot beat the stock market over a long period of time, which of the following might be true? I.
If you do fundamental analysis and cannot beat the stock market over a long period of time, which of the following might be true?
I. The market is weak-form efficient
II. The market is semi-strong form efficient
III. The market is strong form efficient
1. I and II
2. II only
3. III only
4. I only
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