Multiple Choice
Studies cited in the text show technical trading rules based on price and volume data lead to investment timing decisions that
A) consistently outperform the buy-and-hold strategy.
B) minimize brokerage costs.
C) do not provide excess returns after all brokerage costs are deducted.
D) do provide excess returns to most investors who follow the rules faithfully.
Correct Answer:

Verified
Correct Answer:
Verified
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