单选题 Assuming that markets are efficient, which of the following statements is FALSE? A. Markets will not be volatile. B. Investors should not trade often. C. Investors should buy and hold passively managed index funds.

【正确答案】 A

【答案解析】If markets are efficient, prices are correct. Therefore, the best investment strategy is one that chooses a market index and then minimizes investment expenses. Markets may still he volatile if important news is arriving to the market, at which time the market will react to the news, perhaps with great volatility until the news is digested.