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Which statement is correct? Multiple Choice The momentum factor refers to the tendency for stock price changes to reverse. The momentum factor refers to the

Which statement is correct? Multiple Choice The momentum factor refers to the tendency for stock price changes to reverse. The momentum factor refers to the tendency for stock price changes to persist for a while and then revert. The momentum factor implies that stock prices are rather like a pendulum. The momentum factor is inconsistent with the strong form of the efficient market hypothesis.

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