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State whether the following statements are true or false, andexplain your answer if you judge the statement to be false (astatement must always be true to be considered true). i) In an efficient market all investments should have the samelong-run average return ii) In an efficient market all investors should have the samelong-run average return iii) Stocks exhibiting positive or negative abnormal returnsindicates market inefficiencyiv) Evidence of irrational behavior onthe part of some investors proves that efficient market hypothesisis false
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