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Which of the following are perfect capital markets assumptions? a Smaller firms are exempt from paying taxes. b All market participants act rationally. c Compared

  1. Which of the following are perfect capital markets assumptions? 

  2. a Smaller firms are exempt from paying taxes.

  3. b All market participants act rationally.

  4. c Compared to producers investors has less access to information. 

  5. d All market participants function in a perfectly efficient economy and all firms operate in an entirely frictionless market.

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