Question: QUESTION 17 Are the following two statements correct or false respectively? Statement 1: If you believe that markets are semi-strong-form efficient then you can justify

QUESTION 17

Are the following two statements correct or false respectively?

Statement 1: If you believe that markets are semi-strong-form efficient then you can justify your subscription to the Wall Street Journal as a necessary expense in helping you beat the market.

Statement 2: If stock prices follow a random walk with a positive drift, stock returns will on average be positive.

A. True and True

B. True and False

C. False and True

D. False and False.

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