In an efficient market most investors earn

Business & Finance
Tutor: None Selected Time limit: 1 Day

higher than average returns because of low transaction costs.


       above average returns by following buy-and-hold strategies.
       average returns because efficiency makes earning higher returns difficult.
       returns of over 12% on NYSE stocks.
Aug 19th, 2014

 average returns because efficiency makes earning higher returns difficult.

Aug 19th, 2014

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Aug 19th, 2014
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