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Which of the following statements are true about the efficient market hypothesis? Please explain… 1 answer below » Which of the following statements are true about the efficient market hypothesis? Please explain your reasoning for each statement. a. It implies perfect forecasting ability. b. It implies that prices reflect some set of information. c. It implies an irrational market. d. It implies that prices do not fluctuate. e. It results from keen competition among investors. Dec 23 2015 05:19 PM