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Performance of the pros (LO3) in the mid-to late-1990s, the performance of the pros was unusually poor, on the order of 90 percent of all
Performance of the pros (LO3) in the mid-to late-1990s, the performance of the pros was unusually poor, on the order of 90 percent of all equity mutual funds underperformed a passively managed index funds. how does this bear on the issue of market efficiency?
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