Question: The lockin effect Select one: a. allows stocks to be priced efficiently. b. will be smaller in magnitude if tax rates are lower. c. is

The lockin effect

Select one:

a.

allows stocks to be priced efficiently.

b.

will be smaller in magnitude if tax rates are lower.

c.

is likely to reduce the volume of stocks being traded in a market.

d.

states that when stock prices rise, they will continue to do so for prolonged time periods

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