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Name2 Name2
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A year ago
Under the efficient markets hypothesis, the stock market is made efficient by

▸ high frequency traders.

▸ electronic exchanges.

▸ competition amongst investors.

▸ large, institutional traders (i.e., mutual funds).

▸ fiber optic and microwave communications technology.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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jagpreetjagpreet
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A year ago
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competition amongst investors.
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