Question

the strong form of the efficient market hypothesis suggests

1> inside information will not lead to superior

investment results

2> inside information will lead to superior

investment results

3> studying financial statements will not lead

to superior investment results

4> studying financial statements will lead to

superior investment results

a. 1 and 3

b. 1 and 4

c. 2 and 3

d. 2 and 4

Answer

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