Another way to state the efficient market hypothesis is that in an efficient market,
A) unexploited profit opportunities will never exist as market participants, such as arbitrageurs, ensure that they are instantaneously dissipated.
B) unexploited profit opportunities will not exist for long, as market participants will act quickly to eliminate them.
C) every financial market participant must be well informed about securities.
D) only A and C of the above.
B
You might also like to view...
Of key interest to marketers are the major informational sources to which the consumer will turn and the relative importance of each. Which of the following can be considered an experiential information source?
A) consumer-rating organizations B) mass media C) acquaintances D) Web sites E) personal handling and examination
Cultural intelligence is the ability to exhibit behaviors that are culturally tuned to the attitudes and values of others
Indicate whether the statement is true or false.