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Read the statement below and check ALL of the answers that are applicable to the question: Some individuals contend that professional managers are incapable of

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Read the statement below and check ALL of the answers that are applicable to the question: Some individuals contend that professional managers are incapable of continually outperforming the market. Others believe that professional managers are able to continually outperform the market. What are the assumptions in support of passive portfolio management? ? Market inefficiency ? Liquidity risks ? Diversification 7 Informational efficiency

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