Which of the following statements is true? a. efficient markets protect investors from wrong choices even if they do not diversify. b. consistent with efficient markets, stock prices reach equilibrium several times per hour. c. efficient markets react to new information by partially and slowly adjusting the price of a stockto its new fair market value with a delay since it takes a while for everyone to agree. d. if markets are semi-strong form efficient, then all publicly available information is reflected instock prices and fundamental analysis is useless.
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Which of the following statements is true? a. efficient markets protect investors from wrong choices...
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