Q
If the efficient markets hypothesis is true, then ?
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A
A. Shares tend to be overvalued
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B
B. The stock market is informationally efficient so share prices should follow a random walk
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C
C. All of these answers
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D
D. Fundamental analysis is a valuable tool for increasing oneβs returns from investing in shares
Correct Answer:
B. B. The stock market is informationally efficient so share prices should follow a random walk