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    Exam 7: Forecasting Share Price Movements
  5. Question
    If Share Prices Appear to Follow a Random Walk
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If Share Prices Appear to Follow a Random Walk

Question 23

Question 23

Multiple Choice

If share prices appear to follow a random walk:


A) selecting shares for portfolios is irrelevant.
B) investment analysts are unimportant.
C) successive share price changes are unpredictable.
D) it is impossible to know when to buy shares.

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