Research on Semistrong Form Efficient Markets Indicates Which One of the Following

question 36

Multiple Choice

Research on semistrong form efficient markets indicates which one of the following is correct?

• A)Identifying a stock with repetitive price movements is generally the best method of active investing.
• B)Future returns on large company stocks tend to closely follow past pricing patterns.
• C)Buying and holding a broad market index is one of the best investment strategies.
• D)Predicting future stock prices is relatively easy for academic researchers.
• E)Trading costs have little, if any, impact on investment returns.

---

Definitions:

Deodorant

A substance applied to the body to prevent or mask body odor by inhibiting bacterial growth or by masking the smell.

Antiperspirant

A substance applied to the body to reduce or prevent sweating by blocking the sweat ducts.

Microorganisms

Microscopic organisms that include bacteria, viruses, fungi, and protozoa.

Offensive

Causing upset or harm; often relating to behavior or material that is rude or attacking.