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Business, 06.05.2020 03:17 ilianysacosta10

The efficient market hypothesis A. implies that security prices properly reflect information available to investors. B. has little empirical validity. C. implies that active traders will find it difficult to outperform a buy and hold strategy. D. has little empirical validity and implies that active traders will find it difficult to outperform a buy and hold strategy. E. implies that security prices properly reflect information available to investors and that active traders will find it difficult to outperform a buy and hold strategy.

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The efficient market hypothesis A. implies that security prices properly reflect information availab...
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