Question: The efficient market hypothesis implies that Multiple Choice -all investments should earn the same average rate of return over time. -any investment should earn a
The efficient market hypothesis implies that
Multiple Choice
-all investments should earn the same average rate of return over time.
-any investment should earn a normal return commensurate with the investments risk.
-efficient markets will tend to have fixed prices from one day to the next.
-stock prices are only efficient when all investors review their portfolios on a daily basis.
-investors must be disinterested in their investments for the markets to be efficient.
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