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Studies of the performance of professionally managed mutual funds find that these funds: Multiple Choice...

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Studies of the performance of professionally managed mutual funds find that these funds: Multiple Choice outperform a market index. Assuming mutual fund managers rely primarily on public information, this finding refutes the semistrong form of the efficient market hypothesis. Both outperform a market index. Assuming mutual fund managers rely orimally on public Information, this finding refutes the semistrong form of the elliclent market hypothesis and outperform a market index . Assuming mutual fund manngers rely primarily on public Information, this finding supports the semistrong form of the officient market hypothesis. do not outperform a market Index. Assuming mutual fund managers rely pelmarily on public Information, this finding refutes the semistrong form of the emclent market hypothesis. do not outperform a marketindex Assuming mutual fund managers rely primarily on public information this finding supports the semistrong form of the efficient market hypothesis outperform a marketindex Assuming mutual fund managers rely primarily on public Information, this finding supports the semistrong form of the efficient market hypothesis

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