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Which of the following statements is correct regarding market fluctuations and efficient market hypothesis? O A. An efficient market reacts to old information as that
Which of the following statements is correct regarding market fluctuations and efficient market hypothesis? O A. An efficient market reacts to old information as that information is absorbed by investors. B. Prices in an efficient market usually deviate from fair asset values. C. Skilled investors in an efficient market can earn abnormal returns. D. Analysts should not analyze the riskiness of a company's cash flows in an efficient market. E. Prices in an efficient market quickly react to new information about expected cash flows
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