7. According to the efficient markets hypothesis, professional investors will earn: excess profits over the long-term....
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7. According to the efficient markets hypothesis, professional investors will earn: excess profits over the long-term. a dollar return equal to the value paid for an investment. a return that "beats the market." excess profits, but only on short-term investments. O a return that cannot be accurately predicted because investments are subject to the random movements of the markets. 7. According to the efficient markets hypothesis, professional investors will earn: excess profits over the long-term. a dollar return equal to the value paid for an investment. a return that "beats the market." excess profits, but only on short-term investments. O a return that cannot be accurately predicted because investments are subject to the random movements of the markets.
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ANSWER B Excess profits over the longterm An excess profits tax is an extra tax imposed on business ... View the full answer
Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
Posted Date:
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