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5. Volatility: A. is the degree of variability in security prices. B. if excessive, can contribute to market liquidity. C. arises primarily from bid-offer bounce.

5. Volatility: A. is the degree of variability in security prices. B. if excessive, can contribute to market liquidity. C. arises primarily from bid-offer bounce. D. can encourage risk-averse traders. E. All of the above

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