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kolitchko kolitchko
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5 years ago
The efficient markets hypothesis
A) assumes that market participants form their expectations adaptively.
B) applies rational expectations to the pricing of assets.
C) applies to the stock market, but not to the bond market.
D) indicates that the stock market is efficient, but not rational.
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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5 years ago
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kolitchko Author
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5 years ago
Thank you, thank you, thank you!
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Brilliant
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This site is awesome
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