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The statement that prices follow a random walk implies that a Successive price changes are independent of each other b Successive price changes are positively related c Successive price changes are

The statement that prices follow a random walk implies that
a) Successive price changes are independent of each other
b) Successive price changes are positively related
c) Successive price changes are negatively related
d) The autocorrelation coefficient is positive 

Apr 15 2021 View more View Less

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