Ehowavien $18$

Hetp

Snve bitne

Seatherive

$16$

Which of the following is$/$are True about efficient markets as applied to the stock market?:

If the stock market is perfectly efficient, then all stocks in the market are currently trading at their fair value.

$020000$ are efficient in the long$-$run.

IV$.$ Buying and selling forces cause stock prices to gravitate toward fair value in the long$-$term.

Multiple Choice

Only I, II$,$ and III are True

All are True

All are False

Only I, III, and IV are True

$16$ of $25$