Please answer

Stock prices will not respond to 1 point announcements when the information being announced is old and expected O True O False 1 point Application of efficient market hypothesis implies that an investor should buy a mutual fund that has high management fees O True O False not an extension of rational expectations to the pricing of chicken and vegetables True O False The efficient market hypothesis 1 point views expectations of future prices as equal to optimal forecasts O True O False Pure arbitrage is the elimination 1 point of unexploited profit opportunities without any risk O True