Which of the following four generalities or conclusions about market efficiency is INCORRECT?: Select one: a. Short-term stock price and market movements appear to be difficult to predict with any accuracy. b. The market reacts quickly and sharply to new information, and various studies find little or no evidence that such reactions can be profitably exploited. c. If the stock market can be beaten, the way to do so is not obvious d. A skilled market analyst will always outperform an unskilled investor