Question: Which statements about market efficiency are correct? Multiple select question. As the financial market is competitive enough and efficient, no research effort can be justified.
Which statements about market efficiency are correct?
Multiple select question.
As the financial market is competitive enough and efficient, no research effort can be justified.
Skilled mutual fund managers with positive abnormal returns attract new capital which makes it harder to outperform the market.
Among mutual fund managers, very few show consistent stockpicking ability.
Financial market history shows that most actively managed mutual funds underperformed index funds.
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