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    Exam 11: The Efficient Market Hypothesis
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    What Factor of Fundamental Analysis Has Been Found to Have
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What Factor of Fundamental Analysis Has Been Found to Have

Question 11

Question 11

Multiple Choice

What factor of fundamental analysis has been found to have a negative impact on returns over a 3-12 month time horizon?


A) intrinsic value
B) inflation
C) volatility
D) discount rates

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