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The efficient market hypothesis says that, on average, professional investors will A.tend to earn below average rates of returns. B.earn a normal rate of return.
- The efficient market hypothesis says that, on average, professional investors will
- A.tend to earn below average rates of returns.
- B.earn a normal rate of return.
- C.outperform investors with inside information.
- D.tend to outperform most market participants.
- E.earn the same rate of return over time regardless of the risk assumed.
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
