If Financial Markets Are Efficient,then Attempting to Accurately Predict Interest

Multiple Choice

If financial markets are efficient,then attempting to accurately predict interest rates is:

A) an endeavor best left to corporate executives.
B) a relatively easy and accurate exercise.
C) a waste of good time.
D) relatively easy to do if you have a general understanding of finance and economics.
E) a little tricky but wise managers tend to succeed at it on an ongoing basis.