Behavioral Finance Argues That

Multiple Choice

Behavioral finance argues that

A) even if security prices are wrong, it may be difficult to exploit them.
B) the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency.
C) investors are rational.
D) even if security prices are wrong, it may be difficult to exploit them and the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency.
E) All of the options are correct.