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Which of the following statement is wrong? Semi-strong form of market efficiency assumes that prices reflect all publicly available information. If you use the past

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Which of the following statement is wrong? Semi-strong form of market efficiency assumes that prices reflect all publicly available information. If you use the past pattern of prices to predict future prices, you believe that prices follow a random walk. Behavioral finance believes that investors are not always rational. The market is not strong-form efficient

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