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If Semistrong,or Strong,form Efficiency Exists,then,on Average,investors Are Probably Best Served

Question 8

Multiple Choice

If semistrong,or strong,form efficiency exists,then,on average,investors are probably best served by


A) investing based solely on a stock's past performance.
B) avoiding all mutual funds.
C) avoiding the stock market altogether.
D) investing in index funds rather than in actively managed mutual funds.
E) randomly purchasing stocks by just throwing darts.

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