Question: An efficient capital market is one in? which: A. Security prices reflect available information B. Prices fluctuate smoothly C. Information is distributed fairly D. Risky
An efficient capital market is one in? which:
A.
Security prices reflect available information
B.
Prices fluctuate smoothly
C.
Information is distributed fairly
D.
Risky securities offer a positive rate of return to investors
E.
After?tax returns are equalized
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