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    Essentials of Investments
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    Exam 8: The Efficient Market Hypothesis
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    Studies Show That the Bid-Ask Spread for the Least Liquid
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Studies Show That the Bid-Ask Spread for the Least Liquid

Question 11

Question 11

Multiple Choice

Studies show that the bid-ask spread for the least liquid stocks may be as high as ______.


A) 3%
B) 5%
C) 9%
D) 12%

Correct Answer:

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