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Author Question: Which of the following is NOT a characteristic of an efficient market? (Read 38 times)

nummyann

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on: Apr 25, 2021
Which of the following is NOT a characteristic of an efficient market?
◦ Information is rapidly reflected in market prices.
◦ The market has a large number of buyers and sellers.
◦ Prices vary for a single asset or commodity as a result of differences in people's willingness to pay.
◦ Prices reflect the intrinsic value of an asset.
◦ Markets that function with a minimum of waste or excessive trading costs.
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by nummyann on Apr 25, 2021

Meganchabluk

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nummyann

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Reply 2 on: Apr 25, 2021
Excellent

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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