High Fees

question 95

Multiple Choice

High fees:

• A) are not likely to generate higher returns in the long run because of the efficient markets hypothesis.
• B) are not likely to generate higher returns in the long run because of diversification issues.
• C) can often signal a higher-quality management and thus higher returns in the long run.
• D) have little impact on your long-run returns to investing.

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Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience.

Job Knowledge

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Information or knowledge that is articulated, codified, and accessible in a tangible form, such as documents or databases.

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Subject to one or more conditions or requirements being met; made or granted on certain terms.