Question: Strong-form efficiency implies that mutual fund managers should A. buy the index that maximizes diversification and minimizes the cost of managing portfolios B. actively seek
Strong-form efficiency implies that mutual fund managers should
A. buy the index that maximizes diversification and minimizes the cost of managing portfolios
B. actively seek underperforming stocks and buy them
C. generally earn superior returns each year
D. attempt to earn superior returns by using technical analysis
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