True or false: if stock prices follow a random walk,
a. successive stock prices are not related.
b. successive stock price changes are not related.
c. stock prices fluctuate above and below a normal long-run price.
d. the history of stock prices cannot be used to predict future returns to investors.
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Home » Business » True or false: if stock prices follow a random walk, a. successive stock prices are not related. b. successive stock price changes are not related. c. stock prices fluctuate above and below a normal long-run price. d.