Why efficient security market anomalies continue to persisy

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Problem 1: Which of the following statements explain why efficient securities market anomalies continue to persist overtime?

a. because financial information available to investors is not completely relevant and completely reliable
b because of the activity of noise traders, whose decisions to trade are not based on rational evaluation of information
c because many securities in which the anomalies are concentrated trade frequently
d because of the high cost of investment strategies to exploit the anonymize

Reference no: EM132820191

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