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Ron Decides Which Stocks to Purchase by Throwing Darts at the Stock

Question 57

Multiple Choice

Ron decides which stocks to purchase by throwing darts at the stock pages of The Wall Street Journal.Ron probably believes that


A) stock prices follow a random walk.
B) the stock market is informationally efficient.
C) it is better to own stock in 20 companies than it is to own stock in 2 companies.
D) All of the above are correct.

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