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5 years ago
According to the efficient markets hypothesis
A) the equilibrium price of an asset equals the optimal forecast of fundamental value based on available information.
B) the actual and expected prices of an asset will be equal.
C) the actual price of an asset reflects only information on past returns on the asset.
D) the expected price of an asset incorporates only information on past returns on the asset.
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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Good timing, thanks!
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