a. security prices react quickly to new information.
b. security prices are seldom far above or below their justified levels.
c. security analysis will not enable investors to realize superior returns consistently.
d. one cannot make money.
e. A, B and C
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Home » Business » In an efficient market: a. security prices react quickly to new information. b. security prices are seldom far above or below their justified levels. c. security analysis will not enable investors to realize superior returns consistently. d.