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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 344 Topic 35 Discussion

CWM_LEVEL_2 Exam Topic 35 Question 344 Discussion:
Question #: 344
Topic #: 35

Section B (2 Mark)

Behavioral finance argues that ____________.
A.

even if security prices are wrong it may be difficult to exploit them

B.

the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency

C.

investors are rational

D.

A and B

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Actual exam question for AAFM CWM_LEVEL_2 exam by Jett5979 at May 3, 2026, 12:22:43 AM

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