Individuals That Continually Monitor the Financial Markets Seeking Mispriced Securities

Multiple Choice

Individuals that continually monitor the financial markets seeking mispriced securities:

A) tend to make substantial profits on a daily basis.
B) tend to make the markets more efficient.
C) are never able to find a security that is temporarily mispriced.
D) are always quite successful using only well-known public information as their basis of evaluation.
E) are always quite successful using only historical price information as their basis of evaluation.