Question: The efficient market hypothesis implies that..... A. efficient markets will tend to have fixed prices from one dayto the next B. any investment should earn

The efficient market hypothesis implies that.....

A. efficient markets will tend to have fixed prices from one dayto the next

B. any investment should earn a normal return commensurate withthe? investment's risk

C. all investments should earn the same average rate of returnover time

D. stock prices are only efficient when all investors reviewtheir portfolios on a daily basis.

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