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boland boland
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7 years ago
Which of the following is NOT an assumption of market efficiency?
A) Transaction costs are low or nonexistent.
B) All relevant information is quickly reflected in both spot and forward exchange markets.
C) Instruments denominated in other currencies are perfect substitutes for one another.
D) All of the above are true.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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#1
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Posts: 1891
Rep: 43 0
7 years ago
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boland Author
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#2
7 years ago
Woah how do you have the time to do all this?!

Thanks Smiling Face with Open Mouth
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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