QUESTION 16 Which of the following provides definitive evidence against the Efficient Market Hypothesis? (i) The occasional existence of small number of very wealthy traders. (ii) The fact that some random funds are able to outperform their benchmarks for 2 years in a row. (i) The profitability of value investing even after risk and transaction costs are taken into account. O A. (i) only. O B. (iii) only. OC. (i) and (iii) only. OD. (i), (ii) and (iii)