Question: Question 1 (1 point) An efficient market is defined as one in which: 1) All participants have the same opportunity to make the same

Question 1 (1 point) An efficient market is defined as one in which: 1) All participants have the same opportunity to make the same returns. 2) All participants have the same legal rights and transactions costs. 3) Price of securities quickly and fully reflect all available and relevant information. 4) Price of securities are completely in line with the intrinsic value. Question 2 (1 point) Financial markets must be at least, INEFFECTIVE strategy. 1) Weak form. 2) Semi-strong form. 3) Strong form. 4) Both a and b. 5) None of the above. efficient, for charting to be an
Step by Step Solution
3.51 Rating (151 Votes )
There are 3 Steps involved in it
Question 1 Correct answer is 3rd Price of the securities quickly and fully reflect all availa... View full answer
Get step-by-step solutions from verified subject matter experts
