Another way to state the efficient markets hypothesis is: in an efficient market
A)unexploited profit opportunities will be quickly eliminated.
B)unexploited profit opportunities will never exist.
C)all prices can be accurately predicted.
D)every financial market participant must be well informed about securities.

Question

Quizplus · Accepted Answer

The efficient markets hypothesis suggests that any unexploited profit opportunities will quickly be eliminated in an efficient market. This means that it is not possible to consistently outperform the market by identifying undervalued or overvalued securities.

Another Way to State the Efficient Markets Hypothesis Is: in an Efficient