Question: In an efficient market A . The market sets a 'fair' price for a company's stock. B . Managers are able to easily fool the

In an efficient market
A. The market sets a 'fair' price for a company's stock.
B. Managers are able to easily fool the market with accounting gimmicks.
C. Investors can easily identify underpriced stock.
D. Shares are already properly priced and the market does not respond to new information.
In an efficient market A . The market sets a

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