[Solved] The Number and Availability of Discount Brokers Has Grown Rapidly

Question 87
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The number and availability of discount brokers has grown rapidly since the mid-1970s. The efficient markets hypothesis predicts that people who use discount brokers

A)will likely earn lower returns than those who use full-service brokers.
B)will likely earn about the same as those who use full-service brokers,but will net more after brokerage commissions.
C)are going against evidence suggesting that full-service brokers can help outperform the market.
D)are likely to outperform the market by a wide margin.

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