Question
Which of the following statements is not implied by the efficient market hypothesis? Stock prices fully reflect available information You should follow a passive investment
Which of the following statements is not implied by the efficient market hypothesis?
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Stock prices fully reflect available information
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You should follow a passive investment strategy.
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Attempts to predict stock price movements based on past prices have no merit
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You cannot earn positive returns from investing in stocks.
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
