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    Business
  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 7: The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis
  5. Question
    According to the Efficient Markets Hypothesis,the Current Price of a Financial
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According to the Efficient Markets Hypothesis,the Current Price of a Financial

Question 39

Question 39

Multiple Choice

According to the efficient markets hypothesis,the current price of a financial security


A) is the discounted net present value of future interest payments.
B) is determined by the lowest successful bidder.
C) fully reflects all available relevant information.
D) is a result of none of the above.

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