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The concept of a strong form efficient market implies that: Select one: O a. Stock prices do not fluctuate O b. NPV of any investments

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The concept of a strong form efficient market implies that: Select one: O a. Stock prices do not fluctuate O b. NPV of any investments should be zero on average. O c. Throwing darts at a page of stocks will yield the same return as a carefully selected portfolio. O d. All shares of stock have the same expected returns. O e. Stock price contains all past present and future information

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