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The Strong Form of the Efficient Market Hypothesis Suggests

Question 36

Multiple Choice

The strong form of the efficient market hypothesis suggests
1. inside information will not lead to superior investment results
2. inside information will lead to superior investment results
3. studying financial statements will not lead to superior investment results
4. studying financial statements will lead to superior investment results


A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4

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