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TB MC Qu . 0 8 - 3 6 ( Static ) When stock returns exhibit positive serial... When stock returns exhibit positive serial correlation,

TB MC Qu

. 08 - 36 (

Static

)

When stock returns exhibit positive serial...

When stock returns exhibit positive serial correlation, this means that

returns tend to follow

returns.

Multiple Choice

positive; positive

positive; negative

negative; positive

positive; zero

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