McqMate
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. |
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