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If investors can freely trade assets in financial markets, then the impact of trading activity on expected returns insures that ________________________. Select one: a. each

If investors can freely trade assets in financial markets, then the impact of trading activity on expected returns insures that ________________________.

Select one:

a. each firm's reward to risk ratio will be based on a different risk-free rate of return

b. all assets will have the same degree of systematic risk

c. all assets will have the same risk premium

d. assets will have the same reward to risk ratio

e. systematic risk can be diversified away

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