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Which of the following statements are true if the Efficient Markets Hypothesis is true and why? Future stock prices can be forecast from past prices

  1. Which of the following statements are true if the Efficient Markets Hypothesis is true and why?

    1. Future stock prices can be forecast from past prices

    2. Stock prices reflect all available information

    3. Stock prices change for no apparent reason

What are the advantages and disadvantages of owning a mutual fund rather than owning the individual stocks and bonds?

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