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Which of the following would provide evidence against the semistrong form of the efficient market theory? A. You make abnormal profits using publicly available balance
Which of the following would provide evidence against the semistrong form of the efficient market theory?
A. You make abnormal profits using publicly available balance sheet information
B. Your portfolio return is 16%, while the market return is 10% in the same year
C. Junk bonds have a lower return than investment grade bonds in the same year
D. High beta stocks have higher average returns than low beta stocks
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