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Question
If the market is semistrong-form efficient, then which one of the following statements is true?A. Neither technical nor fundamental analysis leads to abnormal profits.
B. Technical analysts have the ability to earn excess profits but fundamental analysts cannot.
C. Fundamental analysts can earn excess profits but technical analysts cannot.
D. Both technical and fundamental analysts earn excess profits based on their research.
E. No answer can be determined as the form of market efficiency is unrelated to abnormal, or excess returns.
Answer
This answer is hidden. It contains 15 characters.
Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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Q:
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Q:
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Q:
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