Question

9. Efficient markets hypothesis Which of the following are consistent with the efficient markets hypothesis? Check all that apply. Changes in stock prices are impossible to predict. It is worth hiring a financial adviser to find cheap stocks to purchase. Stock markets reflect all available information about the value of stocks

Answer 1

The answer is: Stock markets reflect all available information about the value of stocks

Step-by-step explanation:

Efficient market hypothesis (EMH) is an investment theory about stock markets where the price of stocks is always the fair market value of the stocks. It argues that it is impossible for someone to determine when stocks are either undervalued or overvalued. So all the technical and fundamental analysis techniques are useless.