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Question
According to the theory of efficient markets:A. investors use rules of thumb to make choices about which stocks to buy and sell.
B. investors are able to use forecasts based on the dividend-discount model to generate above-average returns.
C. a portfolio manager who charges no commission should not, on average, outperform an individual investor with access to the same funds.
D. the stock price should remain constant.
Answer
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Related questions
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