Question: please answer asap Why should we expect the stock market to be efficient? Pick the most significant reason, based on information from the lectures. Competition

please answer asap please answer asap Why should we expect the stock market to be

Why should we expect the stock market to be efficient? Pick the most significant reason, based on information from the lectures. Competition among security analysts for large asset owners ensures that stock prices will tend to reflect available information Earnings estimates of stock analysts tend to cluster around a consensus number The cost of acquiring information on stock prices and trading data is negligible

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