Efficient Markets Hypothesis imply that investment strategies purely based on publicly available information cannot systematically generate positive abnormal returns. This statement is O True O False

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Efficient Markets Hypothesis imply that investment strategies purely based on publicly available information cannot
systematically generate positive abnormal returns. This statement is
O True
O False
Transcribed Image Text:Efficient Markets Hypothesis imply that investment strategies purely based on publicly available information cannot systematically generate positive abnormal returns. This statement is O True O False
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