Which One of the Following Statements Is Correct Concerning Market

Multiple Choice

Which one of the following statements is correct concerning market efficiency?

A) New information will gradually be reflected in a stock's price to avoid any sudden change in the price of the stock in an efficient market.
B) In an efficient market,some market participants will have an advantage over others.
C) If a market is efficient,arbitrage opportunities should be common.
D) Real asset markets are more efficient than financial markets.
E) A firm will generally receive a fair price when it sells shares of stock in an efficient market.