Question: A market is considered information efficient when: Existing prices do not totally reflect all relevant information: Refers to the behavior of market participants and is

A market is considered information efficient when:
Existing prices do not totally reflect all relevant information:
Refers to the behavior of market participants and is often subjective
Any point in time the prices of securities reflect all information available to the public
Markets may focus only on a single piece of information.
A market is considered information efficient

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