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Which of the following is NOT true about the efficient market hypothesis?

onetouch

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Which of the following is NOT true about the efficient market hypothesis?

Which of the following is NOT true about the efficient market hypothesis?

▸ Market prices do not fluctuate dramatically.

▸ Market prices are considered fair.

▸ Market prices reflect all available information at any given time.

▸ Investors cannot continuously earn an excess return over and above the risk-adjusted return.

Textbook

Corporate Finance

Corporate Finance

Edition: 5^th

Author: Booth

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Grem

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onetouch Author

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A month ago

Good timing, thanks!

gmiannotti

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Thanks for your help!!

my life

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You make an excellent tutor!

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