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The Efficient Market Hypothesis Implies That

Question 53

Multiple Choice

The efficient market hypothesis implies that:


A) it is possible for a portfolio of randomly picked stocks to outperform a portfolio selected by experts.
B) stocks do not follow a random walk.
C) a portfolio of stocks selected by experts will always outperform a portfolio selected by nonexperts.
D) publicly held information is enough to predict the future movements of a stock.

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