Question: What does weak form efficiency imply? Multiple Choice Investors cannot earn abnormal profits based on any publicly available information. Price patterns that existed in the
What does weak form efficiency imply?
Multiple Choice
Investors cannot earn abnormal profits based on any publicly available information.
Price patterns that existed in the past will reappear in the future.
Portfolio diversification is ineffective as all prices are interrelated.
Past price movement is unrelated to the movement of future prices.
Abnormal returns will disappear within a trading day.
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