Question: Studies or data on a mutual fund performance versus a market index find: Most mutual funds outperform the market. This refutes semi-strong form efficiency. Most

Studies or data on a mutual fund performance versus a market index find:

Most mutual funds outperform the market. This refutes semi-strong form efficiency.

Most mutual funds outperform the market. This refutes strong form efficiency.

Most mutual funds underperform the market. This refutes semi-strong form efficiency.

Most mutual funds underperform the market. This refutes strong form efficiency.

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