Please give me an answers that 90 to 93.

Which of the following is a characteristic of an unrealized return? An unrealized return has no tax implications. Unrealized gains involve a set transaction and are straight-forward to calculate. All of these answers. Unrealized gains result from the actual sale of the asset. Which of the following statements regarding the predictive value of historical returns is true? Systemic risk, which diminishes the predictive value of historic returns, is the risk of company failure. Macroeconomic forces can be predicted from past market performance. Historical returns can be useful in predicting the general direction of a market over a long period. All of these answers. A market's prices reflect all publicly available information and the prices instantly change to reflect new public information. This market reflects ______. the semi-strong-form efficient-market hypothesis. the semi-weak-form efficient-market hypothesis. the weak-form efficient-market hypothesis. the strong-form efficient-market hypothesis. Many economists and market observers believe that the Efficient Market Hypothesis (EMH) is limited due to characteristics of the market participants. Which of the following personal traits do critics believe limit the EMH's effectiveness? Market participants are overconfident that the market can regulate itself. Investors are willing to pay significant amounts for information in order to trade on it. Investors tend to overreact to both positive and negative news. All of these answers