According to the efficient markets hypothesis,purchasing the reports of financial analysts
A)is likely to increase one's returns by an average of 10%.
B)is likely to increase one's returns by about 3 to 5%.
C)is not likely to be an effective strategy for increasing financial returns.
D)is likely to increase one's returns by an average of about 2 to 3%.

Question

Quizplus · Accepted Answer

According to the efficient markets hypothesis, all market information is already reflected in the prices, including the information provided by financial analysts' reports. Therefore, buying these reports is not likely to provide an advantage in terms of increasing returns.

According to the Efficient Markets Hypothesis,purchasing the Reports of Financial