Question: An implication of the efficient market hypothesis is that __________. Multiple Choice high-beta stocks are consistently overpriced nonzero alphas will quickly disappear low-beta stocks are
An implication of the efficient market hypothesis is that __________.
Multiple Choice
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high-beta stocks are consistently overpriced
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nonzero alphas will quickly disappear
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low-beta stocks are consistently overpriced
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growth stocks are better buys than value stocks
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