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Which one of the following states that investors cannot consistently earn positive excess returns? market return hypothesis efficient market hypothesis excess theory risk - return
Which one of the following states that investors cannot consistently earn positive excess returns?
market return hypothesis
efficient market hypothesis
excess theory
riskreturn theory
current market hypothesis
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Financial Institutions Management
Authors: Anthony Saunders, Marcia Cornett
8th Edition
0078034809, 978-0078034800
