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Which of the following statements on investment is LEAST likely to be correct? In the financial market it is less likely to observe underpricing than
Which of the following statements on investment is LEAST likely to be correct? In the financial market it is less likely to observe underpricing than overpricing. Short selling helps investors exploit negative private information about a stock. Short selling is in general riskier and more costly than direct purchase. The higher the maintenance margin, the lower the risk of short selling
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