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

The efficient market hypothesis implies that.....

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

B. any investment should earn a normal return commensurate with the investment's risk

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

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

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