Multiple Choice
The efficient market hypothesis suggests that
1) professional portfolio managers will outperform the individual investor
2) professional portfolio managers will not outperform the individual investor
3) professional portfolio managers will consistently outperform the market
4) professional portfolio managers will not consistently outperform the market
A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4
Correct Answer:
Verified
Correct Answer:
Verified
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