Another way to state the efficient market condition is that in an efficient market,
A) unexploited profit opportunities will be quickly eliminated.
B) unexploited profit opportunities will never exist.
C) arbitrageurs guarantee that unexploited profit opportunities never exist.
D) both A and C of the above occur.
A
You might also like to view...
An automated or manual file that stores information about data elements and data characteristics such as usage, physical representation, ownership, authorization, and security is the
A) data dictionary. B) data definition diagram. C) entity-relationship diagram. D) relationship dictionary. E) data table.
You are taking a graduate level course in management that will help you in performing your duties at work. Each week you must submit case analyses to your professor. Using work time to complete the analyses would be unethical
Indicate whether the statement is true or false