D) All th 39. If capital markets are efficient, then A) there is no reason to believe that prices B) it is not possible to make money by playing the stock market. C) prices will adjust slowly when reacting to new information. D) historical price trends will give you a good idea of where prices are headed in the future. Eyit is possible to profit regularly from publicly available information. are too high or too low 40. Which of the following statements is FALSE? A) Market prices for assets are influenced by buyers who can derive the most value from them. B) Asset markets ensure that the price of an asset is the highest price C) Buyers with the most information about an asset are likely to increase its value. D) Market participants, bidding against each other, establish the market price for assets. E) Buyers who are uncertain about the future returns from an asset require a higher return than better informed investors an asset can command