Individuals Who Continually Monitor the Financial Markets Seeking Mispriced Securities

Multiple Choice

Individuals who continually monitor the financial markets seeking mispriced securities:

A) earn excess profits over the long-term.
B) make the markets increasingly more efficient.
C) are never able to find a security that is temporarily mispriced.
D) are overwhelmingly successful in earning abnormal profits.
E) are always quite successful using only historical price information as their basis of evaluation.