37. If the semi-strong form of efficient market hypothesis does not fully hold, then active portfolio management could: a. Perform as well as the market. b. Out-perform the market. c. Under-perform passive investment strategies. d. Perform the same as passive investment strategies. e. Cannot be determined from the information given.
37. If the semi-strong form of efficient market hypothesis does not fully hold, then active portfolio management could: a. Perform as well as the market. b. Out-perform the market. c. Under-perform passive investment strategies. d. Perform the same as passive investment strategies. e. Cannot be determined from the information given.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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37. If the semi-strong form of
a. Perform as well as the market.
b. Out-perform the market.
c. Under-perform passive investment strategies.
d. Perform the same as passive investment strategies.
e. Cannot be determined from the information given.
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