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QUESTION 10 Random Walk Theory is best described by the following statement: Future stock prices are dependent upon previous prices The path that a stock's
QUESTION 10 Random Walk Theory is best described by the following statement: Future stock prices are dependent upon previous prices The path that a stock's price follows cannot be determined from historical price information, especially in the short term New stock information is announced in a regular and predictable manner by the 24-hour news media None of the above statements describes the Random Walk Theory
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