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Business, 30.08.2020 01:01 kaliyab191

Which of the following statements are inconsistent with the efficient market hypothesis?a. The average annual return on stocks is greater than zero. b. Stocks that outperform the index in March always underperform it in April. c. Half of fund managers are able to beat their relevant index each year, before fees. d. Stocks that outperform the index in March always outperform it in April.

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Which of the following statements are inconsistent with the efficient market hypothesis?a. The avera...
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