Empirical Evidence

question 29

Multiple Choice

Empirical evidence

• A)does not support efficient markets
• B)does not support the use of technical analysis
• C)cannot be applied to technical analysis
• D)only supports head-and-figure charts

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Definitions:

Compounded Annually

Interest that is calculated once a year and added to the principal, which then earns interest the following year.

Investment

The act of allocating resources, usually money, in the expectation of generating an income or profit.

Compounded Annually

Interest on an investment or loan calculated once a year, where the interest is added to the principal.

9-Year

An undefined term likely referring to a period or duration of nine years.