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Reptor Reptor
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5 years ago
The efficient markets hypothesis predicts that an investor
A) will not be able consistently to earn above-normal profits from buying or selling stocks.
B) will be able consistently to earn above-normal profits from buying or selling stocks so long as he or she makes use of rational expectations.
C) will be able consistently to earn above-normal profits from buying or selling stocks so long as he makes use of adaptive expectations.
D) will be able consistently to earn above-normal profits so long as stock prices in general are rising.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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Reptor Author
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Helped a lot
Harvinder
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This site is awesome
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Thanks
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