Multiple Choice
Your broker suggests that you can make consistent,excess profits by purchasing stocks on the 20th of the month and selling them on the last day of the month.If this is true,then:
A) the market is only semi strong-form efficient.
B) the market violates even weak-form efficiency.
C) insiders will be the only investors to profit.
D) prices follow a random walk.
Correct Answer:

Verified
Correct Answer:
Verified
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