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Studies of the performance of professionally managed mutual funds find that these funds: Multiple Choice perform in a manner consistent with semistrong form efficiency. all
Studies of the performance of professionally managed mutual funds find that these funds:
Multiple Choice
perform in a manner consistent with semistrong form efficiency.
all have a tendency to underperform the market consistently year after year.
perform in a manner that definitely refutes both strong and semistrong form efficiency.
all have a tendency to consistently outperform the overall market.
indicate that stock prices consistently adhere to a daily continuation pattern.
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