If the managed product is listed on a stock exchange, it is likely a A. an ETF B. 2 of these answers are correct C. closed-end mutual fund D. a hedge fund The greater liquidity and volume of a stock, generally, the more market makers there are. Why? A. more volume/liquidity means more media attention B. more volume/liquidity means less foreign exchange risk C. more volume/liquidity means higher prices D. more volume/liquidity means more opportunity and better "fills" Which of the following speaks directly to the futility of market timing based on price data A. strong-form efficiency B. semi-strong form efficiency C. none of these choices speak to it directly D. weak-form efficiency