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A year ago
An implication of the efficient markets hypothesis is that
A) only sophisticated investors will be able to earn above-normal profits from financial investments.
B) above-normal profits are available only to major traders.
C) above-normal profits will be eliminated in the trading process.
D) unless he or she acts recklessly, the average investor should be able to make above-normal profits.
Textbook 

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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A year ago
C
1
BAAAAZINGA

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