Question
Which of the following statements are true about the efficient market hypothesis? a)It implies perfect forecasting ability b)It implies that prices reflect all available information
Which of the following statements are true about the efficient market hypothesis?
a)It implies perfect forecasting ability
b)It implies that prices reflect all available information
c)It implies that prices do not fluctuate
d)It results from keen competition among investors
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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