An Advantage of Efficient Markets Is That

question 9

Multiple Choice

An advantage of efficient markets is that

• A)an investor can expect fair prices.
• B)an investor can expect to find a number of arbitrage opportunities.
• C)everyone should be able to borrow and lend at the same interest rate.
• D)an investor can expect to find a reasonable number of "great bets" in which to invest.

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Definitions:

Competitiveness

The inclination to strive for success or to win in situations where one is compared against others.

Pride

A sense of profound pleasure that comes from personal accomplishments, the success of close associates, or from having attributes or belongings that are greatly esteemed.

Standout Performer

An individual or entity that significantly exceeds the standard or expected performance level.

Outstanding

Exceptionally good or noticeable in comparison to others; distinguished beyond the norm.