Which of the Following Tend to Reinforce the Argument That

question 23

Multiple Choice

Which of the following tend to reinforce the argument that the financial markets are efficient? I.Information spreads rapidly in today's world.
II) There is tremendous competition in the financial markets.
III) Market prices continually fluctuate.
IV) Market prices react suddenly to unexpected news announcements.

• A)I and III only
• B)II and IV only
• C)I,II,and III only
• D)II,III,and IV only
• E)I,II,III,and IV

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Definitions:

Annual Revenue

The total income generated by a business, organization, or individual within a fiscal year from its operations.

Initial Investment

The initial sum of money used to start a business project, purchase assets, or acquire starting capital.

Worst Payoff Rate

The lowest possible return or least favorable outcome from an investment or decision under a specific scenario.

ARM

In computing, a family of reduced instruction set computing (RISC) architectures for computer processors. In finance, an adjustable-rate mortgage.