According to the Efficient Markets Hypothesis, Professional Investors Will Earn

Multiple Choice

According to the efficient markets hypothesis, professional investors will earn:

A) excess profits over the long-term.
B) excess profits, but only on short-term investments.
C) a dollar return equal to the value paid for an investment.
D) a return that cannot be accurately predicted because investments are subject to the random movements of the markets.
E) a return that "beats the market."