Question
In an efficient capital market A. security prices reflect all available information. B. search costs are zero. C. security prices are guaranteed to be fair.
In an efficient capital market
A.
security prices reflect all available information.
B.
search costs are zero.
C.
security prices are guaranteed to be fair.
D.
trading costs are zero.
E.
buyerseller
matching costs are minimized.
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Principles Of Banking
Authors: Allyn C Buzzel
11th Edition
089982689X, 9780899826899
