Question: 20. in an efficient market A. security prices react quickly to new information. B. security prices are seldom far above or below their justified levels.

 20. in an efficient market A. security prices react quickly to

20. in an efficient market A. security prices react quickly to new information. B. security prices are seldom far above or below their justified levels. C. security analysis will not enable investors to realize superior returns consistently. D. one cannot make money. E.security prices react quickly to new information, security prices are seldom far above or below their justified levels, and security analysis will not enable investors to realize superior returns consistently

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