Question: High-beta stocks earn higher return than low-beta stocks. Does this imply that EMH is violated? Question 14 options: Yes, if return can be predicted (e.g.,
High-beta stocks earn higher return than low-beta stocks. Does this imply that EMH is violated?
Question 14 options:
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| Yes, if return can be predicted (e.g., with beta), markets are inefficient |
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| No, higher returns can compensate inventors for taking higher risks |
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