A market in which the price equals the true economic value
a. is risk-free
b. has high expected returns
c. is organized
d. is efficient
e. all of the above
Answer: D
A market in which the price equals the true economic value
a. is risk-free
b. has high expected returns
c. is organized
d. is efficient
e. all of the above
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.