Question 3: Which of the following is a tenet of weak-form efficiency? a.)The market is affected by
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Question:
Question 3:
Which of the following is a tenet of weak-form efficiency?
- a.)The market is affected by the irrational behavior of human investors, making it difficult to predict.
- b.)Share prices instantly adjust to reflect even hidden or "insider" information.
- c.)Price patterns exist over time and can yield useful investing information.
- d.)Investors cannot predict the future price of securities based on their past prices.
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