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26 Which of the following descriptions about call auctions is incorrect? Empirical research suggests that call auctions reduce volatility and enhance liquidity. Closing call auctions

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Which of the following descriptions about call auctions is incorrect? Empirical research suggests that call auctions reduce volatility and enhance liquidity. Closing call auctions can help reduce market manipulation e Call auctions facilitate the process of price discovery by consolidating the order now at a single point in time O Call auctions are particularly useful for impatient traders

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