If Mexicans increasingly lose confidence in their domestic financial markets and move their assets to other countries, the peso will depreciate

According to the efficient markets hypothesis, who should earn the highest risk-adjusted return on stocks?

A) a financial expert who can devote considerable time to research B) the average investor who doesn't do too much research C) someone throwing darts at possible stock picks D) all of the above should earn the same average return

Generally, investors expect that projects with high expected net present values also will be projects with

a. low risk b. high risk c. certain cash flows d. short lives e. none of the above