QUESTION 18

If the stock market. weak form efficient but semi-strong form inefficient, which of the following trading strategies may be profitable?

A. Buying last year's winner stocks

B. Using technical trading rules

OC. Using information in company reports

D. None of above

QUESTION 19

As the number of assets in a portfolio increases, the variance of the portfolio returns will tend towards:

A. The average component asset standard deviation.

B. The average component asset variance

C. The average covariance between pairwise combinations of the assets

D. The average correlation between pairwise combinations of the assets