Which of the Following Are Ineffective Strategies for Producing Excess

question 14

Multiple Choice

Which of the following are ineffective strategies for producing excess returns if the market is semistrong-form efficient?
I.graphing past prices searching for patterns
II.watching the daily market movements
III.studying the latest analyst's reports
IV.analyzing a firm's financial statements

• A) I and III only
• B) I and IV only
• C) I, II, and III only
• D) II, III, and IV only
• E) I, II, III, and IV

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