Question: Answer the following questions in complete sentences using proper grammar and spelling. 1. Name and briefly describe the essential characteristics of common stock. 2. Briefly

Answer the following questions in complete sentences using proper grammar and spelling.

1. Name and briefly describe the essential characteristics of common stock.

2. Briefly explain the two basic types of stock market indices, and mention the indices within those types.

3. Briefly explain the theory of efficient markets.

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