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Which of the following most contradicts the hypothesis of weak form stock market efficiency? A. Over 25% of mutual funds outperform the market on average.

Which of the following most contradicts the hypothesis of weak form stock market efficiency? A. Over 25% of mutual funds outperform the market on average. B. Insiders earn abnormal trading profits. C. Every January, the stock market earns abnormal returns. D. Almost all the price response to significant company news tends to occur in the first 10 minutes of the announcement

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