True/False and explain why

6. Trading in and out of illiquid stocks will lead to higher returns becaue illiquid stocks pay a liquidity risk premium. True or False and explanation.

7. The ability to use momentum to predict stock returns is a violation of semi-strong market effiency. True or False and explanation.

Question 6 15 points) Trading in and out of illiquid stocks will lead to higher retums because illiquid stocks Day a liquidity risk premium Question 75 points The ability to use momentum to predict stock returns is a violation of sem strong market officiency