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23-10-2019
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If the U.S. capital markets are not informationally efficient, ______.A. the markets cannot be allocationally efficientB. systematic risk does not matterC. no type of analysis can be used to generate abnormal returnsD. returns must follow a random walk

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andreafernandez andreafernandez

23-10-2019

Answer:

A. the markets cannot be allocationally efficient

Explanation:

If the U.S. capital markets are not informationally efficient, the markets cannot be allocationally efficient

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