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QUESTION 11 If the markets are informationally efficient, which of the following does not apply? O A. Stock returns will not be autocorrelated. O B.
QUESTION 11 If the markets are informationally efficient, which of the following does not apply? O A. Stock returns will not be autocorrelated. O B. Prices will follow a random walk, possibly with a drift. O C. Prices will react instantaneously to news. O D. No investors will lose money
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