Which of the following statement(s) is/are false? I. Price discovery in the primary stock markets occurs due to the competitive trading between buyers and sellers, just like on eBay. II. A liquid stock market is one in which prices reflect price and volume information quickly. III. A market with higher turnover is associated with higher liquidity, all else equal. 0 lonly 0 || only C III only 0 ll & lll only 0 None of the above choices