What Is the Meaning of the Expression

question 59

Multiple Choice

What is the meaning of the expression?
-

• A) 6
• B) 4 ·4
• C) 3
• D) 2 ·4

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Definitions:

Capital Markets

Financial markets where long-term debt or equity-backed securities are bought and sold, facilitating the raising of capital by companies and governments.

Efficient

Being effective without wasting time, effort, or expense.

Prices

The amounts of money expected, required, or given in payment for something.

Efficient Markets Hypothesis

The theory that all available information is already reflected in securities prices, implying that stocks always trade at their fair value.