Question: An implication of the efficient market hypothesis is that high-beta stocks are consistently overpriced growth stocks are belter buys than value stocks low-beta stocks are

 An implication of the efficient market hypothesis is that high-beta stocks

An implication of the efficient market hypothesis is that high-beta stocks are consistently overpriced growth stocks are belter buys than value stocks low-beta stocks are consistently overpriced nonzero alphas will quickly disappear

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