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Which of the following statement to describe the characteristics of an efficient market is NOT correct? Price reflects intrinsic value or is very close Traders
Which of the following statement to describe the characteristics of an efficient market is NOT correct?
Price reflects intrinsic value or is very close | ||
Traders react on new information once it becomes available, and information is slowly assimilated into price | ||
Competition to find mis-valued stocks is intense | ||
No free lunches on Wall Street |
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