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It Is Generally Agreed That History Can Be Understood Only

question 14

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It is generally agreed that history can be understood only objectively.


Definitions:

Market Returns

The total return, including capital gains and dividends, from investing in financial markets over a specified period.

Historical Performance

Refers to the past financial results and operations of a company or investment, used to predict future performance.

Efficient-Market Hypothesis

The theory that all existing information is already reflected in stock prices, thus making it impossible to consistently achieve higher returns than the overall market through stock selection or market timing.

Stock Prices

The cost or value of a share of a company's stock traded on the stock market.

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