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The implication of the random walk is that: Select one: A. Earnings can either go up or down due to random factors. B. Earnings are
The implication of the random walk is that: Select one: A. Earnings can either go up or down due to random factors. B. Earnings are extremely hard to predict on the basis they are random. C. Prior years earnings are useful in considering future earnings. D. The consideration of future earnings should not involve prior years earnings as they are not useful.
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