Question: Question 30 (0.5 points) What does efficient market imply? I. Stock prices are in equilibrium and are fairly priced II. Investors can earn a positive

Question 30 (0.5 points) What does efficient
Question 30 (0.5 points) What does efficient market imply? I. Stock prices are in equilibrium and are fairly priced II. Investors can earn a positive return in the stock market III. Return is commensurate with the total risk IV. Return is commensurate with the systematic risk Only I and II are correct Only I, II and IV are correct O I II III and IV are all correct O I II and IV are all correct

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