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nelvita1970 nelvita1970
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2 years ago
The basis for efficient markets includes all of the following EXCEPT

▸ a small number of well-informed investors who collude to set fair prices.

▸ many investors attempting to maximize their returns from investing.

▸ immediate reactions by investors to pertinent new information.

▸ investors benefitting by obtaining important new information first.

▸ investors constantly seeking better investment opportunities.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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rockshimrockshim
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2 years ago
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nelvita1970 Author
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2 years ago
Smart ... Thanks!
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Thanks
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2 hours ago
Just got PERFECT on my quiz
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