Which of the Below Statements Is TRUE

Multiple Choice

Which of the below statements is TRUE?

A) In a passive strategy, investors seek to capitalize on what they perceive to be the mispricing of a security or securities.
B) In a market that is price efficient, active strategies will not consistently generate a return after ignoring transactions costs and the risks associated with a strategy of frequent trading.
C) In a market which seems to be price efficient, one investment strategy is simply to buy and hold a broad cross section of securities in the market
D) Matching in an investment strategy that has the goal of matching the performance of some financial index from the market.