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Which one of the following statements is correct concerning market efficiency? A. Real asset markets are more efficient than financial markets. B. If a market
Which one of the following statements is correct concerning market efficiency? A. Real asset markets are more efficient than financial markets. B. If a market is efficient, arbitrage opportunities should be common. C. In an efficient market, some market participants will have an advantage over others. D. A firm will generally receive a fair price when it sells shares of stock. E. New information will gradually be reflected in a stock's price to avoid any sudden change in the price of the stock.
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