An Efficient Capital Market Is One in Which

question 34

Multiple Choice

An efficient capital market is one in which:

• A) Security prices reflect available information.
• B) Risky securities offer a positive rate of return to investors.
• C) Information is distributed fairly.
• D) After-tax returns are equalized.
• E) Prices fluctuate smoothly.

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Definitions:

Civil Disputes

Conflicts between individuals, organizations, or between the two, which involve non-criminal matters and are resolved through the court system.

Citation

A reference to a legal authority, such as a statute or a case, used to support arguments in court or scholarly works.

Courts Closed

A situation where judicial offices and courtrooms are not open for their regular operations, often due to public holidays, emergencies, or administrative reasons.

Public and Press

The collective audience, including both the general population and members of the media, for information and news.