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Which of the Following Is an Implication of the Efficient

Question 19

Multiple Choice

Which of the following is an implication of the efficient market hypothesis (EMH) for investors?


A) For the vast majority of people public information cannot be used to earn abnormal returns.
B) Investors need to press for a greater volume of timely information.
C) Effective EMH will always ensure higher levels of dividend for alert investors.
D) The perception of a fair game market could be improved by more constraints and deterrents placed on insider dealers.

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