According to the Efficient Market Hypothesis, Professional Investors Will Earn

question 36

Multiple Choice

According to the Efficient Market Hypothesis, professional investors will earn:

• A) excess profits over the long-term.
• B) excess profits, but only on short-term investments.
• C) a dollar return equal to the value paid for an investment.
• D) a return that cannot be accurately predicted because investments are subject to the random movements of the markets.
• E) a return that "beats the market".

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