Which of the following statements are true about the efficient market hypothesis? a)It implies perfect forecasting ability
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Question:
Which of the following statements are true about the efficient market hypothesis?
a)It implies perfect forecasting ability
b)It implies that prices reflect all available information
c)It implies that prices do not fluctuate
d)It results from keen competition among investors
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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