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Which one of the following statement(s) concerning the random walk hypothesis is/are incorrect? 1. Stock price movements are predictable but only over short periods of

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Which one of the following statement(s) concerning the random walk hypothesis is/are incorrect? 1. Stock price movements are predictable but only over short periods of time. II. Random price movements support the weak form efficient market hypothesis. III. Stock prices in general follow repetitive patterns but the actions of individual investors are random in nature O l only O ll only lll only O I & Ill only None of the above answers

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