According to the efficient market hypothesis, in order to eam abnormally high returns, an investor would need to Unexploited profit opportunities have exclusive information O A. help investors generate abnormally high returns in the long run.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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According to the efficient market hypothesis, in order to earn abnormally high returns, an investor would need to
Unexplolted profit opportunities
have exclusive information
O A. help investors generate abnormally high returns in the long run.
seek financial advice
B. are split equally among all investors.
C. are quick to disappear.
buy safe mutual funds
D. are quickly eliminated by arbitrage.
Announcements of unknown information
A. fail to affect stock prices.
OB. reduce stock returns.
O C. Improve forecasts of stock prices.
OD. generate unexploited profit opportunities.
Transcribed Image Text:According to the efficient market hypothesis, in order to earn abnormally high returns, an investor would need to Unexplolted profit opportunities have exclusive information O A. help investors generate abnormally high returns in the long run. seek financial advice B. are split equally among all investors. C. are quick to disappear. buy safe mutual funds D. are quickly eliminated by arbitrage. Announcements of unknown information A. fail to affect stock prices. OB. reduce stock returns. O C. Improve forecasts of stock prices. OD. generate unexploited profit opportunities.
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