Question: 2 5 . Passive strategies often outperform active strategies, particularly over the long run, due to which of the following? Select all that apply. a

25. Passive strategies often outperform active strategies, particularly over the long run, due to which of the following? Select all that apply.
a. Efficiency of the market
b. Management identifies valuable investment opportunities
c. Lower trading costs
d. Lower cost of analysis

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