Question: 1 2 . Random walk assumption implies thatA.The recent increase in value will lead to another increaseB. The recent decrease in value will lead to

12 .

Random walk assumption implies thatA.The recent increase in value will lead to another increaseB. The recent decrease in value will lead to another decreaseC. The long

-

term trend is not likely to be sustained in the future D

.

The prior year's value is a good starting point to forecast the future value

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