Multiple Choice
According to the random walk theory
A) the probability that a stock's price will increase tomorrow is greater if it increased today.
B) the probability that a stock's price will increase tomorrow is greater if it decreased today.
C) the best forecast of tomorrow's price is today's price.
D) the best forecast of tomorrow's price is found by determining the trend for the last five trading days.
Correct Answer:
Verified
Correct Answer:
Verified
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