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1)Which of the following statements is TRUE? I. A market in which the price equals the true economic value is efficient. II. The positive relationship

1)Which of the following statements is TRUE?

I. A market in which the price equals the true economic value is efficient.

II. The positive relationship between risk and return is called market efficiency.

A:

II

I

Both I and II are not true. Both I and II are true.

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