If stock prices follow a random walk,it means
A) long periods of declining prices are followed by long periods of rising prices.
B) the greater the number of consecutive days of price declines,the greater the probability prices will increase the following day.
C) stock prices are unrelated to random events that shock the economy.
D) stock prices are just as likely to rise as to fall at any given time.
Correct Answer:
Verified
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Q21: According to the efficient markets hypothesis,which of
Q22: The efficient markets hypothesis says that
A)only individual
Q23: Which of the following terms is used
Q24: Which of the following is correct?
A)Managed funds
Q26: An index fund
A)holds only stocks and bonds
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Q28: If the efficient market hypothesis is correct,then
A)index
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