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Problem 4 (1 point) Which of the following most appears to contradict the proposition that the stock market is weakly efficient? Explain. a. Over 25%
Problem 4 (1 point) Which of the following most appears to contradict the proposition that the stock market is weakly efficient? Explain. a. Over 25% of mutual funds outperform the market on average. b. Investors earn abnormal trading profits. c. Every January, the stock market earns abnormal returns.
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