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According to Efficient Market Theory, Which of the Following Can

Question 423

Multiple Choice

According to efficient market theory, which of the following can best predict the stock price of a particular company tomorrow?


A) a finance professor who knows a lot of investment theory
B) a stock trader who has traded stocks for more than 10 years
C) that company's employee who has inside information about the company
D) none of the above: Everyone has an equal chance of predicting future stock prices.

Correct Answer:

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