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    Corporate Finance Study Set 2
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    Exam 13: Efficient Capital Markets and Behavioral Challenges
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    Financial Markets Fluctuate Daily Because They
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Financial Markets Fluctuate Daily Because They

Question 1

Question 1

Multiple Choice

Financial markets fluctuate daily because they:


A) are inefficient.
B) are continually reacting to new information.
C) slowly react to new information.
D) only reflect historical information.
E) offer tremendous arbitrage opportunities.

Correct Answer:

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