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Which is NOT an argument that markets are efficient? 1 Point All stocks have the same expected return Financial analysts have strong incentives to identify
Which is NOT an argument that markets are efficient? Point All stocks have the same expected return Financial analysts have strong incentives to identify any mispricing and trade on it Most market anomalies have a small effect size and disappear when taking into account transaction costs Most professional fund managers cannot match the performance of the S&P
Which is NOT an argument that markets are efficient? Point
All stocks have the same expected return
Financial analysts have strong incentives to identify any mispricing and trade on it
Most market anomalies have a small effect size and disappear when taking into account transaction costs
Most professional fund managers cannot match the performance of the S&P
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