If the Efficient Market Hypothesis Is Correct,then

question 3

Multiple Choice

If the efficient market hypothesis is correct,then

• A)index funds should typically beat managed funds,and usually do.
• B)index fund should typically beat managed funds,but usually do not.
• C)mutual funds should typically beat index funds,and usually do.
• D)mutual funds should typically beat index funds,but usually do not.

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Definitions:

Back Weld

A welding technique where a weld is applied on the opposite side of a previously welded joint to ensure strength and integrity.

Backing Weld

A type of weld applied to the root of a joint for ensuring complete root penetration and to support molten weld metal.

Double-Groove Joint

A type of joint where two parallel grooves are made on each piece of material to be joined, typically used in welding for increased strength.

Joint Preparation

The process of preparing the edges of material pieces that are to be joined together, often by welding, to ensure a strong and clean join.