Question: 27 The random walk hypothesis .27 * b2,c1 (1 ) A) implies that security analysis is unable to predict future market behavior .B) suggests that

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27 The random walk hypothesis .27 * b2,c1 (1 ) A) implies

The random walk hypothesis .27 * b2,c1 (1 ) A) implies that security analysis is unable to predict future market behavior .B) suggests that random patterns appear but only over long periods of time C) has been disproved based on recent computer simulations .D) supports the notion that random price movements are indicative of inefficient markets E) None of the above

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