Q.

An efficient market is defined as one in which

A. all participants have the same opportunity to make the make the same returns.
B. all participants have the same legal rights and transactions costs.
C. securities’ prices quickly and fully reflect all available information.
D. securities’ prices are completely in line with the intrinsic value.
Answer» C. securities’ prices quickly and fully reflect all available information.
1.4k
0
Do you find this helpful?
9

View all MCQs in

Investment Management

Discussion

No comments yet