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emoji emoji
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6 years ago
If market participants have rational expectations
A) they can assume the stock prices they observe represent the fundamental values of those stocks.
B) they know to purchase stocks that are priced below their fundamental value.
C) they will achieve higher returns than those with adaptive expectations.
D) they can earn above-average returns on their investments.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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6 years ago
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6 years ago
This helped my grade so much Perfect
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Smart ... Thanks!
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Brilliant
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