Question
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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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
