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What Would Be True If Stock Prices Did NOT Follow

Question 47

Multiple Choice

What would be true if stock prices did NOT follow a random walk?


A) stock markets would work much more efficiently
B) stock markets would outperform bond markets
C) bond markets would outperform stock markets
D) financial investors would not be able to outperform the stock market
E) some financial investors could benefit by taking advantage of opportunities that have not been realized by others

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