Which of the Following Statements About Market Efficiency Is Most

question 15

Multiple Choice

Which of the following statements about market efficiency is most correct?

• A)If you earn a return greater than what the market suggests it should be, then the market is necessarily inefficient.
• B)The concept of market efficiency is most powerful over long time horizons.
• C)If a market is efficient, then you should not expect to earn returns greater than what the market suggests the return should be.
• D)All of the above are true statements.