Which of the following statements is/are false? Select one: The rate of capital formation would not be as high if financial markets did not exist. More financial managers participate in the financial markets and help ensure the basic concept of efficiency because security prices and returns are competitively determined. Financial market participants care more about the sequence of past price changes in a specific security than about expected risks. Both The rate of capital formation would not be as high if financial markets did not exist and Financial market participants care more about the sequence of past price changes in a specific security than about expected risks