Question: 23. The efficient market hypothesis implies that markets will always reflect fair and Fequilibrium pricing. a. true b. false 24. Mutual funds generally generate and

 23. The efficient market hypothesis implies that markets will always reflect

23. The efficient market hypothesis implies that markets will always reflect fair and Fequilibrium pricing. a. true b. false 24. Mutual funds generally generate and distribute returns to shareholders by: a. returning fees to shareholders, share price appreciation and paying dividends b. passing on earned income, share price appreciation and distributing capital gains c. reducing fund expenses, passing on kickbacks, share price appreciation d. none of the above

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