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Explain why and choose the best choice.

Which of the following contradicts the proposition that the stock market is weakly efficient?

a)An analyst is able to identify mispriced stocks by looking at stock charts.

b)Mutual funds do not outperform the market on average.

c)Some investors can earn abnormal profits.

d)The autocorrelations of stock returns are not significantly different from zero.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92167141

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