Another Way to State the Efficient Markets Condition Is: in an Efficient

question 18

Multiple Choice

Another way to state the efficient markets condition is: in an efficient market, ________.

• A) unexploited profit opportunities will be quickly eliminated
• B) unexploited profit opportunities will never exist
• C) unexploited profit opportunities never existed
• D) every financial market participant must be well informed about securities

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Definitions:

Dizygotic Twins

Also known as fraternal twins, are two siblings born at the same time as a result of two different eggs being fertilized by two different sperm cells, sharing 50% of their DNA.

Zygote

The initial cell formed when a sperm fertilizes an egg, representing the earliest stage of embryonic development.

Cystic Fibrosis

A fatal genetic disorder in which mucus obstructs the lungs and pancreas.

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical or when the dominant allele is not present.