If the Efficient Market Hypothesis Holds, Investors Should Expect

question 33

Multiple Choice

If the efficient market hypothesis holds, investors should expect

• A)to receive a fair price for their security.
• B)to earn a normal rate of return on their investments.
• C)to be able to pick stocks that will outperform the market.
• D)to receive a fair price for their security and to earn a normal rate of return on their investments.