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Important Characteristic(s)of Market Efficiency Is That _________________

question 61

Multiple Choice

Important characteristic(s) of market efficiency is that _________________.
I.there are no arbitrage opportunities
II.security prices react quickly to new information
III.active trading strategies will not consistently outperform passive strategies


Definitions:

Bath Water

Water used for bathing, which can include various temperatures and may contain added substances like soap or bubbles.

Chilling

The sensation of cold that can accompany fever, fear, or the environment; it sometimes precedes the onset of a fever.

Excess Drying

Excessive loss of moisture, leading to dryness, often pertaining to skin or mucous membrane conditions.

Bed Bath

A method of bathing individuals who are bedridden or unable to bathe themselves, using basins, sponges, or wipes to clean the body while remaining in bed.

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