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The efficient market hypothesis suggests that a. Investors should not try to outguess the market by constantly buying and selling securities. b. Investors do better on average if they adopt a "buy a

The efficient market hypothesis suggests that

a. Investors should not try to outguess the market by constantly buying and selling securities.

b. Investors do better on average if they adopt a "buy and hold" strategy.

c. Buying into a mutual fund is a sensible strategy for a small investor.

d. All of the above are sensible strategies.

e. Only 1 and 2 of the above are sensible strategies.

Apr 19 2021 View more View Less

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