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    Principles of Investments
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    Exam 8: The Efficient Market Hypothesis and Behavioral Finance
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    A Possible Limit on Arbitrage Activity That May Allow Behavioural
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A Possible Limit on Arbitrage Activity That May Allow Behavioural

Question 11

Question 11

Multiple Choice

A possible limit on arbitrage activity that may allow behavioural biases to persist is ________.


A) technical trends in prices
B) momentum effects
C) fundamental risk
D) trend reversals

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