Multiple Choice
Which of the following contradicts the proposition that the stock market is weakly efficient?
A) Over 25% of mutual funds outperform the market on average.
B) Insiders earn abnormal trading profits.
C) Every January, the stock market earns above-normal returns.
D) Applications of technical trading rules fail to earn abnormal returns.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: In a 1953 study of stock prices,
Q13: If you believe in the _ form
Q14: Even if the markets are efficient, professional
Q15: Insiders are able to profitably trade and
Q16: In a 1988 study, Fama and French
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Q19: The effect of liquidity on stock returns
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Q21: Choosing stocks by searching for predictable patterns
Q22: According to Markowitz and other proponents of