Question: 1. Weak-form efficient markets would be expected to be more volatile, more thinly traded, and with relatively wide bid-ask spreads because information about the issues

1. Weak-form efficient markets would be expected to be more volatile, more thinly traded, and with relatively wide bid-ask spreads because information about the issues being traded would be either scant or not trusted.

a. True

b. False

2. You buy a 55-strike call for $3.45. What is the breakeven price of the underlying?

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