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QUESTION 8 The discounting function (or mechanism) of markets is based upon the assumption that the stock market essentially discounts all available information, including both

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QUESTION 8 The discounting function (or mechanism) of markets is based upon the assumption that the stock market essentially discounts all available information, including both present and potential future events. True False QUESTION 9 A subprime mortgage is a mortgage made to a borrower who has a below normal credit rating. True False

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