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Question
Efficient markets theory suggests that purchasing the published reports of financial analysts
A) is likely to increase oneʹs returns by an average of 5 percent.
B) is likely to increase oneʹs returns by an average of about 3 to 5 percent.
C) is not likely to increase financial returns.
D) will increase financial returns in the first year but not in following years.
Answer
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Why?
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