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  3. Study Set
    Investment Analysis and Portfolio Management Study Set 1
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    Exam 5: Efficient Capital Markets, Behavioral Finance, and Technical Analysis
  5. Question
    If the Efficient Market Hypothesis Is True, Price Changes Are
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If the Efficient Market Hypothesis Is True, Price Changes Are

Question 110

Question 110

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If the efficient market hypothesis is true, price changes are independent and biased.

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