Question: Question 9 Barbara is talking to Eva about the Efficient Market Hypothesis ( EMH ) . Barbara asks Eva: What is one implication of the
Question
Barbara is talking to Eva about the Efficient Market Hypothesis EMH Barbara asks Eva:
"What is one implication of the EMH?" How should Eva reply from the choices below to
give Barbara a correct answer?
Few investors should expect that they can beat the market consistently
Taking on additional risk means you should expect lower returns
Investors can never earn superior returns
Security prices are determined randomly
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