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Which one of the following would provide evidence against

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Which one of the following would provide evidence against the semi strong form of the efficient market theory?

a. About 50% of pension funds outperform the market in any year.

b. All investors have learned to exploit signals about future performance.

c. Trend analysis is worthless in determining stock prices.

d. Low P/E stocks tend to have positive abnormal returns over the long run.

Reference no: EM13574161

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