Explain why it is difficult, if not impossible, to consistently outperform an efficient market. a. Does this
Question:
a. Does this mean that high rates of return are not available in the stock market?
b. How can an investor earn a high rate of return in an efficient market?
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To outperform the market one must consistently earn more than the required rate of return on s...View the full answer
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Related Book For 
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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