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    Fundamentals of Investing Study Set 3
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    Exam 9: Market Efficiency and Behavioral Finance
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    If Half of All Actively Managed Mutual Funds Outperform the Market
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If Half of All Actively Managed Mutual Funds Outperform the Market

Question 11

Question 11

True/False

If half of all actively managed mutual funds outperform the market indexes in any given year, the efficient market hypothesis cannot be valid.

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