Question: In an efficient market a security prices react quickly to new information b security prices are seldom far above or below their justified levels c
In an efficient market
| a | security prices react quickly to new information |
| b | security prices are seldom far above or below their justified levels |
| c | security analysis will not enable investors to realize consistently superior returns on their investments |
| d | the expected return on a securities is equal to the required return on a security |
| e | all of the above |
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