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QUESTION 30 How do you interpret the theory of efficient markets theory? professional fund managers should be able to consistently beat the market average. a

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QUESTION 30 How do you interpret the theory of efficient markets theory? professional fund managers should be able to consistently beat the market average. a professional fund manager should really not expect to beat the market average consistently. a professional fund manager who beats the market average one year should be expected to beat the market average the next year. a professional fund manager who beats the market average one year should be expected to not beat the market average the next year. QUESTION 31 Last time you traveled to Europe, you were able to obtain 115 euros for $100 U.S. the euro per $ exchange rate was: 0.870 euros/S. 1.15 euros/$ 115euros/$ 1euro/1.15$ QUESTION 30 How do you interpret the theory of efficient markets theory? professional fund managers should be able to consistently beat the market average. a professional fund manager should really not expect to beat the market average consistently. a professional fund manager who beats the market average one year should be expected to beat the market average the next year. a professional fund manager who beats the market average one year should be expected to not beat the market average the next year. QUESTION 31 Last time you traveled to Europe, you were able to obtain 115 euros for $100 U.S. the euro per $ exchange rate was: 0.870 euros/S. 1.15 euros/$ 115euros/$ 1euro/1.15$

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