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Which one of the following statements is correct concerning market efficiency? A. The markets are continually reacting to old information as that information is absorbed.

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Which one of the following statements is correct concerning market efficiency? A. The markets are continually reacting to old information as that information is absorbed. B. New information will immediately be reflected in a stock's price in an efficient market. C. In an efficient market, some market participants will have an advantage over others. D. current trading systems require human intervention. E. investments produce varying levels of net present values

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