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Question
According to the random walk theory,
A) the probability that a stockʹs price will increase tomorrow is greater if it increased today.
B) the probability that a stockʹs price will increase tomorrow is greater if it decreased today.
C) the best forecast of tomorrowʹs price is todayʹs price.
D) the best forecast of tomorrowʹs price is found by determining the trend for the last five trading days.
Answer
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