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Which of the following is TRUE about the efficient market hypothesis? O A. It implies that investors can predict stock prices based on their public
Which of the following is TRUE about the efficient market hypothesis? O A. It implies that investors can predict stock prices based on their public information. B. Competition among investors work to eliminate all positive NPV trading opportunities. C. An event study is done to test whether markets impound new information. If there is a drift, this indicates that stock prices reflect new information immediately. D. Barrier to entry in financial markets makes the stock market efficient
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