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valputin valputin
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8 years ago
To say that stock prices follow a "random walk" is to argue that stock prices
A) tend to follow trends.
B) rise, then fall, then rise again.
C) rise, then fall in a predictable fashion.
D) cannot be predicted based on past trends.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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